Ghana has officially ended its Extended Credit Facility arrangement with the International Monetary Fund (IMF), concluding the bailout programme early after what the government describes as a significant economic turnaround under President John Dramani Mahama, who took office in 2025. Key indicators have improved markedly: inflation has fallen, the cedi (Ghana's national currency) has strengthened, gross international reserves have reached approximately $14.5 billion, and the country's sovereign credit rating has risen from restricted default to a "B" rating with a positive outlook. Ghana will continue engaging with the IMF through a Policy Coordination Instrument — a non-financing advisory arrangement — as it seeks to consolidate reforms, attract investment, and eventually regain an investment-grade credit rating, a recovery that analysts and policymakers across debt-stressed African economies will be watching closely.