Ghana is predicted by the International Monetary Fund (IMF) to grow at a strong rate of 4.4% in 2025.

This estimate represents a substantial rise over the 2.8% growth anticipated in 2024.

During its most recent April World Economic Outlook, the IMF announced this during the ongoing spring meetings in Washington, DC.

It emphasizes the increasing hope regarding Ghana’s promising economic future.

According to the International Monetary Fund’s (IMF) most recent forecast, Ghana’s growth rate for 2025 will be higher than that of several other significant African economies.

The prediction exceeds the World Bank’s 3.3 percent estimate for the same time frame.

The IMF states that even though Ghana is dealing with a number of economic difficulties, such as high debt levels, double-digit inflation rates, and currency instability following COVID-19, the country’s economic prospects are still bright.

The ongoing IMF program, which attempts to address a number of urgent issues like rising debt levels, inflationary pressures, currency volatility, and overall economic recovery, is the reason behind the IMF’s confidence in Ghana’s economy.

Since Ghana joined the IMF program, the Fund has seen indications of a robust recovery.

In line with the government’s own year-end target, the most recent estimate shows a 1.6 percent increase from the IMF’s 2024 projection of 2.8 percent for Ghana.

Nonetheless, the IMF projects that Ghana’s current account balance, which gauges the nation’s trade and financial activity, will fall by -2.2 percent.

In spite of this, the IMF continues to believe that Ghana’s economic growth is expected to significantly improve starting in the following year.