Accra, Ghana//-Adamu Abille, an economist and research analyst at the Integrated Social Development Centre (ISODEC), has criticised the government’s move to take up a Policy Coordination Instrument (PCI) deal with the International Monetary Fund (IMF).
He warned that the step could weaken Ghana’s ability to manage its economy independently.
His remarks come in response to the government’s claim that the PCI is just a technical monitoring system designed to keep fiscal discipline intact and avoid future economic crises after Ghana completes its current IMF bailout program.
In an interview on Channel One TV on Monday, May 18, 2026, Mr Abille said Ghana’s current economic stability owes more to homegrown policy measures than to the IMF’s $3 billion Extended Credit Facility (ECF) program.
He also rejected the view that the PCI would boost investor confidence and improve Ghana’s reputation with credit rating agencies. He argued that this line of thinking only leads to more debt.
“When you talk about giving us policy credibility so that we have market confidence to go back and borrow, ISODEC has a serious objection to that,” he said.
