Finance Minister Dr. Cassiel Ato Forson has emphasized Ghana’s strong and cooperative relationship with the International Monetary Fund (IMF) and the World Bank. Dr. Forson led Ghana’s delegation to a meeting with the Ghana Heritage Club at the World Bank headquarters in Washington, DC, during the IMF/Spring Meetings.
The meeting brought together Ghanaian professionals working within the IMF and World Bank systems, with approximately 350 staff members based in Washington and over 700 globally. Dr. Forson highlighted the recent increase in the World Bank’s Development Policy Operation (DPO) facility to over $400 million as a mark of confidence in Ghana’s reform efforts.
He stressed the importance of using borrowed funds for impactful investments rather than non-productive expenditures, emphasizing financial discipline, strategic planning, and accountability. Bank of Ghana Governor Dr. Johnson Asiama echoed the Minister’s remarks, highlighting the strong technical and policy support received from Ghana’s international partners.
The meeting reinforced the call for deeper collaboration between homegrown policy leadership and international expertise, underscoring the important role of the Ghanaian diaspora in global development institutions. Other officials present at the meeting included Senior Economic Advisor to the President, Seth Emmanuel Terkper, and Chairman of the National Development Planning Commission, Dr. Nii Moi Thompson.
Ruth Abla ADJORLOLO
