Finance Minister, Ken Ofori-Atta, Charles Adu Boahen and officials from the IMF
Finance Minister, Ken Ofori-Atta is said to be pushing for a speedy completion of negotiations with the International Monetary Fund for an economic support programme, a Joy Business report has said. Ghana is targeting an amount of $3 billion from the Fund once an agreement can be reached with funds likely to be accessed in 2023. A team of government officials have been in the United States of America and met with the Director for the Africa Department of the IMF, Abebe Aemro Selassie at the ongoing Annual IMF/World Bank Spring Meetings. According to the portal, it is expected that the second round of negotiations will continue after the annual meetings between the Government of Ghana team, led by Minister for Finance, Ofori-Atta; and the IMF team, led by the IMF Mission Chief, Stéphane Roudet. The negotiations will focus on the implementation of policies that create conditions for a stable macroeconomic environment, sustainable growth and debt sustainability. MA/WA Watch the latest episode of BizTech below:
Finance Minister, Ken Ofori-Atta is said to be pushing for a speedy completion of negotiations with the International Monetary Fund for an economic support programme, a Joy Business report has said. Ghana is targeting an amount of $3 billion from the Fund once an agreement can be reached with funds likely to be accessed in 2023. A team of government officials have been in the United States of America and met with the Director for the Africa Department of the IMF, Abebe Aemro Selassie at the ongoing Annual IMF/World Bank Spring Meetings. According to the portal, it is expected that the second round of negotiations will continue after the annual meetings between the Government of Ghana team, led by Minister for Finance, Ofori-Atta; and the IMF team, led by the IMF Mission Chief, Stéphane Roudet. The negotiations will focus on the implementation of policies that create conditions for a stable macroeconomic environment, sustainable growth and debt sustainability. MA/WA Watch the latest episode of BizTech below:
- Ghana secures debt restructuring agreement with Eurobond holders; investors to take 37% haircut
- Government will not default on IMF programme reviews - Abena Osei-Asare
- Ghana reaches agreement in principle with bondholders to restructure $13 billion debt – Report
- Ghana drops from 'C' to 'D' in World Bank's audit institutions ranking
- Current IMF programme likely to negatively impact Ghana's revenue shortfalls – Economist
- Read all related articles