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Sat, 18 Apr 2026 Economy & Investments

BoG Governor Urges IMF to Rethink Support Framework for Africa Amid Intensifying Economic Shocks

  Sat, 18 Apr 2026
BoG Governor Urges IMF to Rethink Support Framework for Africa Amid Intensifying Economic Shocks

The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has issued a firm call for the International Monetary Fund (IMF) to fundamentally rethink its approach to supporting African economies as the continent confronts a series of unprecedented and overlapping economic shocks.

Addressing the African Consultative Group Meeting on the sidelines of the 2026 Spring Meetings in Washington D.C. last Tuesday, Dr. Asiama urged the Fund to move beyond traditional policy responses and adopt what he described as a “step‑change” in its engagement with the region.

The closed‑door session, held in the IMF’s Executive Board Room at its headquarters, brought together African central bank governors and IMF Managing Director Kristalina Georgieva for high‑level discussions on the continent’s evolving economic challenges.

---Graphic Online

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