As of October 2024, Ghana has successfully achieved five out of seven structural benchmarks set by the International Monetary Fund (IMF) program.
Finance Minister Dr. Mohammed Amin Adam, in detailing the unmet targets, outlined measures to facilitate the implementation of a new approach for the cedi reference rate and the ongoing efforts to update the taxpayer register, which is now expected to be completed by December 2024.
Dr. Amin Adam emphasized that, despite the challenges faced, the government has increased benefits for various social programs to better support vulnerable groups.
Speaking at a Monthly Economic Update in Accra, Dr. Amin Adam reaffirmed the government’s dedication to social protection while pursuing fiscal reforms.
