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Overview - Economic Research and Forecasting Division


The Economic Research and Forecasting Division (ERFD) is one of the divisions under the Economic Strategy Branch (ESB) of the Ministry of Finance. The strategic role of the Division is to analyse, research and provide policy advice on matters relating to macroeconomic policies to contribute towards the fulfilment of Ministry of Finance’s (MoF) mandate.

As the macroeconomic arm and think-tank of the Ministry, the Division liaises with regional and international financial organizations such as the International Monetary Fund (IMF), African Development Bank (AfDB), Economic Community of West African States (ECOWAS), West African Monetary Institute (WAMI), and the World Bank in monitoring and reporting on the performance of Ghana’s economy and its outlook.


To be recognised as a highly trusted, professional and reliable source of macroeconomic policy analysis and research.


To inform and guide government’s macro-fiscal policies through the provision of high quality research, macroeconomic analysis and policy advice.