Audio By Carbonatix
According to persons close to Ghana's financial and technical assistance discussions with the International Monetary Fund (IMF), negotiations are nearing a close.
The Washington-based lender's mission in Ghana is expected to hold discussions with government and other stakeholders from Monday November 6 to November 19 -- by which time Ghana would have secured a Fund programme .
One the areas the mission would still be trying to get some answers, according to sources, is how the country's statistical services measures key economic activities in the country.
The Fund wants clarity on figures put out by the Ghana Statistical Service in order to get a better picture of the country's debt portfolio and the amount of taxes it is able to collect with respect to the size of the economy.
Sources say the Fund still has some concerns with Ghana's GDP figures, for instance.
The IMF mission is also expected to get some clarity on government's spending plans for the next three years as well as policies the Bretton-Wood institution expects government to take in 2015 as part of moves to strengthen Ghana's economy.
Joy Business gathers some of these policies will include tax hikes , layoffs in the public sector to check the rising deficit and removal of some agencies from government's financial support.
The 2015 budget will also be open for discussions.
The IMF will also engage Parliament, private businesses, civil society groups and Labour Unions before the November 19 deadline.
Some analysts see the meeting with the Labour Unions as an attempt by IMF to get their support for any Fund programme Ghana will secure in order to forestall industrial unrests and public protests.
The IMF is likely to accept Ghana's request for a three-year programme -- meaning a possible Fund programme for Ghana will begin in 2015 and end in 2017.
Latest Stories
-
Macro stability delivering early gains, broader impact underway – Finance Ministry Advisor
3 minutes -
Businesses gaining confidence as macro stability improves – Tech. Advisor, Finance Ministry
3 minutes -
Gov’t will not overspend in 2026 –Tech. Advisor to Finance Minister assures
16 minutes -
REMAPSEN Special Advisor visits Ghana ahead of 2026 Media Forum and Awards in Accra
25 minutes -
Installed capacity is not enough — Energy Committee MP raises concerns over power reliability
43 minutes -
Inflation expected to return to 8 ± 2% in 2026 – BoG
47 minutes -
‘It doesn’t add up’ – Health Committee Chair questions Kasoa ‘no bed’ claim over maternal death
1 hour -
Food and Utilities drive 66.3% of Ghana’s 2025 Inflation – GSS
1 hour -
‘Tax compliance is a moral duty’ – Finance Minister Ato Forson appeals to Ghanaians
1 hour -
Ghana-eligible Owusu-Oduro ranked among world’s top young goalkeepers ahead of 2026 World Cup
1 hour -
Madagascar detains French national over alleged plot to stir unrest
2 hours -
Ato Forson files Personal Income Tax Returns, urges public officials to do same
2 hours -
Since 2018…..60 Aayalolo buses render no accounts – GAPTE probe reveals
2 hours -
Somotex Ghana launches first franchise showroom, electropoint in Ghana
2 hours -
2026 BECE: Candidates to select two Category A schools under new placement reforms
2 hours