IMF Conditionality and Economic Recovery in Ghana: Evaluating the Effectiveness and Domestic Legitimacy of the 2023 to 2026 Extended Credit Facility
This paper evaluates Ghana's 2023–2026 IMF Extended Credit Facility, finding that while the arrangement achieved substantial output legitimacy through economic stabilization and debt restructuring, it recommends enhancing domestic legitimacy via stronger parliamentary scrutiny, transparent distributional assessments, and binding social-protection commitments.