New Digital Platforms Unveiled to Monitor Ghana’s Public Debt and IMF Bailout in Real Time

New Digital Platforms Unveiled to Monitor Ghana’s Public Debt and IMF Bailout in Real Time

In a bid to enhance transparency in Ghana‘s public financial management, the Economic Governance Platform (EGP), a leading coalition of Civil Society Organisations (CSOs), has launched two online platforms: the Public Debt Tracker and the IMF Bailout Dashboard.

These platforms aim to simplify and provide real-time data on Ghana’s public debt stock and the status of the country’s $3 billion Extended Credit Facility (ECF) bailout program with the International Monetary Fund (IMF).

Speaking at the launch event on Thursday, February 13, 2025, EGP Coordinator AbdulKarim Mohammed underscored the initiative’s goal of making public financial data accessible to all Ghanaians.

“The intention is to break data down to its simplest form so that the ordinary Ghanaian can understand,” Mohammed stated.

He highlighted that the technical complexity of public finance discussions has often excluded many citizens from engaging in critical national conversations on economic governance and corruption. The new platforms, he explained, are designed to bridge this gap and foster broader citizen participation.

“The issues surrounding public finance management tend to be very technical and have long been the preserve of a privileged few. But we believe that bringing everyone along and ensuring the active participation of all citizens in financial governance will promote greater transparency and a more sustainable economy,” Mohammed added.

The Public Debt Tracker will provide user-friendly updates on Ghana’s debt stock, its composition, and key macroeconomic indicators, while the IMF Bailout Dashboard will offer real-time insights into the progress of Ghana’s 17th IMF-supported program. These tools are expected to enable public scrutiny and informed dialogue with policymakers.

The EGP expressed confidence that these platforms will promote transparency and accountability in Ghana’s fiscal management, empowering citizens to actively participate in shaping the country’s economic future.

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