Ghana Plans Independent Fiscal Council As Economy Stabilizes

Ghana plans to create an independent fiscal council as part of efforts to strengthen budget discipline and prepare for an exit from its International Monetary Fund program.

Deputy Finance Minister Thomas Nyarko said the reform is aimed at consolidating macroeconomic gains and restoring fiscal credibility. The council will monitor public finances, assess macroeconomic assumptions and support debt sustainability.

The move comes as the economy shows signs of recovery. By mid-2025, Ghana posted a…