Audio By Carbonatix
The International Monetary Fund (IMF) will provide support to African countries hit by food price rises, the institution's Africa head Abebe Aemro Selassie has said.
“The surge in food prices has meant that there are a lot of people that have become food insecure.
“Global economic issues have also become difficult. Access to financing has dried up,” he told Focus on Africa, the BBC's flagship radio programme for the continent.
"Countries have been hit much worse than we expected."
Responding to criticism from listeners that the IMF imposes programmes seeking its help, Mr Abebe defended the IMF's record.
"This is not your grandfather's IMF," he said adding that solutions are not brought in from outside and African ministers know they now have agency when dealing with the IMF.
Latest Stories
-
GH¢30bn Big Push Programme to strengthen Ghana’s infrastructure in 2026 – EM Advisory
1 minute -
Services sector to drive Ghana’s baseline 4.8% growth in 2026 – EM Advisory
2 minutes -
Education Minister appeals for end to university staff strike, confirms partial payment of arrears
5 minutes -
British International Investment reinforces commitment to Ghana’s private sector with high‑level leadership visit
8 minutes -
Major General Joseph Narh Adinkrah
18 minutes -
Ghana eyes 4.8% GDP growth in 2026 amid commodity gains and fiscal discipline – EM Advisory
21 minutes -
GRIDCO serves notice of a load redistribution exercise in parts of Volta region
23 minutes -
Tourism and Creative Arts could boost Ghana’s 2026 growth – EM Advisory projects
24 minutes -
Food insecurity rises to 38.1%; 12.5m Ghanaians struggle to access food—GSS
27 minutes -
Mahama opens 66th WACS Conference, calls for stronger surgical capacity in West Africa
27 minutes -
ECG steps up infrastructure investment to deliver reliable power nationwide
28 minutes -
Daily Insight for CEOs: Setting clear performance expectations
31 minutes -
Mothers wrap cleft-lipped babies in polythene to avoid stigma – National Cleft care
43 minutes -
No drumming or dancing at airports without approval – GACL warns
46 minutes -
Tema Central NDC executives lock up NHIS office over alleged exclusionary appointments
55 minutes