Business News of Tuesday, 19 May 2026

Source: www.ghanaweb.com

Fix anti-corruption gaps or risk investor confidence - IMF tells Ghana

The International Monetary Fund (IMF) play videoThe International Monetary Fund (IMF)

The International Monetary Fund (IMF) has called on Ghana to deepen governance and transparency reforms, warning that gaps in the anti-corruption framework could weaken investor confidence and slow progress in strengthening public accountability.

The call was made by the IMF staff team led by Ruben Atoyan following its April 29-May 15 mission to Accra, which formed part of Ghana’s 2026 Article IV consultation and the final review of the Extended Credit Facility (ECF) programme.

According to the Fund, strengthening Ghana’s anti-corruption architecture is essential not only for governance credibility but also for sustaining macroeconomic stability gains achieved under the programme.

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It specifically urged meaningful public disclosure of standardised asset declarations, describing transparency in public office holdings as a key step toward improving accountability and reducing corruption risks.

“Eliminating gaps in the anti-corruption framework would strengthen Ghana’s governance record and support investor confidence,” the IMF said.

The Fund added that transparency reforms are central to maintaining credibility with both domestic stakeholders and international investors, especially as Ghana transitions from crisis stabilisation to longer-term economic consolidation.

It further noted that sustained progress in governance reforms would complement broader efforts under the IMF-supported programme, including debt sustainability, fiscal discipline, and institutional strengthening.

The IMF stressed that improving transparency and accountability mechanisms would help reinforce public trust in economic management and support Ghana’s efforts to attract stable, long-term investment.





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