The International Monetary Fund (IMF) anticipates Ghana's inflation to reach single-digit levels, aligning with the government's targets for 2025. 

The government aims to ease end-year inflation from 23% to 15% and further to a single digit by 2024 and 2025, respectively. The last time Ghana saw single-digit inflation was in 2021, at 9.97%, but subsequent years witnessed a spike, hitting a 22-year high of 54.1% despite a target of 31.9%.

However, the IMF, in its World Economic Outlook Report during the ongoing IMF/World Bank Spring Meetings, projects a positive trajectory. 

The 8% inflation projection stems from robust measures and gains achieved under the IMF programme. 

The Bank of Ghana pledges to stay within its end-year target band of 15% plus or minus two per cent for 2024, expecting the disinflation process to persist, mitigating underlying inflation risks with stringent monetary policy.

Additionally, the IMF forecasts a robust growth of 4.4% for Ghana in 2025, a significant increase from the 2.8% projected for 2024. 

Nonetheless, the IMF foresees a -2.2% decline in Ghana's current account balance, reflecting trade and financial activities. 

Despite this, the IMF maintains an optimistic outlook for Ghana's economic growth, anticipating a notable rebound starting next year.