The International Monetary Fund (IMF) has revealed that the cedi's sharp appreciation against the US dollar in the first half of 2025 could lead to a revision of some of the fund's programme targets with Ghana.
The IMF noted that future programme reviews will provide an opportunity for the team to carefully assess all of the evolving macroeconomic and financial conditions.
The Director of Communications at the IMF Julie Kozack disclosed this in response to a question posed by JOYBUSINESS during a press conference in Washington DC USA. "As we look at the programme, we look at all of these developments, including, of course, developments in the exchange rate", she said.
She added that the reviews will include the exchange rate movements to ensure that the programme's targets and objectives remain appropriate and achievable.
