IMF Urges Ghana and Affected Nations to Accelerate Reforms Amid Trade Tariff Pressures

The International Monetary Fund (IMF) is calling on Ghana and other countries impacted by the United States’ recent 10% trade tariffs to take swift economic action. During the 2025 Spring Meetings of the IMF and the World Bank Group, IMF Managing Director Kristalina Georgieva emphasized that these nations need to shield themselves from growing global trade instability by strengthening their internal economic frameworks.

Georgieva underscored the urgency for countries to adopt robust reforms that enhance economic resilience. In her remarks, she pointed to rising global uncertainties and frequent economic shocks, stating that there is no longer room for delay when it comes to enacting policies that ensure long-term growth and stability.

A key concern raised by the IMF is the high level of public debt many countries are carrying compared to previous years. Georgieva stressed that nations should focus on rebuilding fiscal buffers through careful and gradual adjustments aligned with their fiscal policies, which will be critical in navigating the current economic climate.

At the same time, the IMF acknowledged that some nations may still face unexpected challenges. In such cases, Georgieva advised that any additional fiscal support must be temporary and specifically targeted, in order to avoid further economic strain. The overall message from the IMF was clear: act now, and act smart.

Source: Citi newsroom