{"id":118277,"date":"2026-05-15T13:21:40","date_gmt":"2026-05-15T13:21:40","guid":{"rendered":"https:\/\/sotnews.agency\/?p=118277"},"modified":"2026-05-15T13:21:40","modified_gmt":"2026-05-15T13:21:40","slug":"strengthen-bogs-balance-sheet-to-reduce-fiscal-risks-others-imf-to-government","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=118277","title":{"rendered":"Strengthen BoG\u2019s balance sheet to reduce fiscal risks, others \u2013 IMF to government"},"content":{"rendered":"
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The International Monetary Fund (IMF) has called for a prudent monetary policy going forward, saying, it is instrumental to firmly anchoring inflation expectations.<\/p>\n

According to the Bretton Woods institution, efforts to ensure effective monetary policy transmission and confidence should focus on strengthening the central bank\u2019s balance sheet.<\/p>\n

This advice is coming after an IMF Mission visit to Ghana from April 29 to May 15, 2026.<\/p>\n

The Fund said the losses associated with the Domestic Gold Purchase Programme (DGPP) underscore the importance of increasing transparency and limiting quasi-fiscal activities that weaken the central bank\u2019s balance sheet.<\/p>\n

\u201cEfforts to protect the Bank of Ghana\u2019s balance sheet from DGPP-related quasi-fiscal risks and budget recognition of future costs would help enhance accountability and oversight\u201d.\u00a0<\/p>\n

The Fund also said that reinforcing financial sector stability remains a priority, adding, it welcomed recent progress in strengthening banks\u2019 recapitalization, unwinding temporary regulatory forbearance introduced during the debt exchange, and intensifying supervision and corrective actions for weaker institutions.<\/p>\n

\u201cGoing forward, continued vigilance is essential to address the remaining vulnerabilities, including through effectively implementing reform and restructuring strategies for state-owned banks and specialised deposit-taking institutions, reducing high non-performing loans (NPLs), and supporting sustainable credit growth\u201d, it added.<\/p>\n

The IMF staff team was led by Ruben Atoyan.<\/p>\n<\/div>\n

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The Fund said the losses associated with the Domestic Gold Purchase Programme (DGPP) underscore the importance of increasing transparency and limiting quasi-fiscal activities that weaken the central bank\u2019s balance sheet.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2367,12,14911,319,2024,2067,2529,3955,10,9],"tags":[],"class_list":["post-118277","post","type-post","status-publish","format-standard","hentry","category-bog","category-business","category-dgpp","category-economy","category-hp-business-3","category-imf","category-inflation","category-monetary-policy","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/118277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118277"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/118277\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}