Some traders at “Nyamekye,” a suburb of Lapaz have expressed their diverse opinions on how the 4th tranche of $367 million received from the International Monetary Fund (IMF) should be used.
According to them, government must channel this fund into the road sector and affordable housing projects to address the country’s deficit.
Ghana has received a fresh disbursement of approximately US$367 million from the International Monetary Fund (IMF), following the successful completion of the Fourth Review of the country’s programme with the Fund.
The funds, which were credited to the Bank of Ghana’s (BoG) account on July 9, 2025, come in the wake of the IMF Executive Board’s approval during its meeting in Washington, DC, on July 7, 2025.
Pan African Television Business Desk engaged the Business Community at Lapaz for their thoughts on the utilisation of the fund.
“I hope this money (IMF 4TH Tranche) have to go into our road networks, our road networks are not good at all. We have very bad roads in our country, so we can use it to solve our road networks and the Galamsey issues,” said Peter, a trader at Lapaz.
Commenting on the issue, President of the Concerned Second Hand Dealers Association of Ghana, Daniel Asare, expressed gratitude for the government’s recent financial boost and hopes it will be used to enhance the business community.
He expressed hope that Ghanaians will experience a significant reduction in goods and services soon.
His counterpart, Abdul Kareem, emphasised the need to invest in affordable housing projects to address the country’s high rent issue for the less privileged.
This latest disbursement brings Ghana’s total drawdown under the IMF-supported US$3 billion Extended Credit Facility (ECF) programme to about US$2.3 billion since the country signed onto the programme on May 17, 2023.
By: Daniel Asare