
Audio By Carbonatix
The International Monetary Fund says negotiations with Ghana could run into next month before an agreement is reached on a possible program me for the country.
A statement issued by the Washington-based lender Tuesday, also said that the IMF has begun negotiations after a request from government to help stabilize the economy and the local currency, the Ghana cedi.
The IMF also confirmed earlier reports by Joy Business, it would be in the country for about two weeks – September 16 to 25 to conduct discussions on a possible IMF-supported programme.
The statement added that "discussions will continue during the coming weeks, including at the Annual Meetings of the World Bank and IMF in Washington DC in October".
The IMF mission, would be led by Mr. Joël-Toujas-Bernaté.
The Fund will also meet with government officials, private sector, and the donor community.
The team after negotiations with Ghanaian officials, will forward their recommendations to the IMF Board- the highest decision making body- to decide on an assistance programme for Ghana.
Latest Stories
-
Scrap sanitation levy amid fuel price hikes — Miracles Aboagye
12 seconds -
Rapper Offset injured in shooting near Florida casino, officials say
9 minutes -
Sporting CP vs Arsenal Champions League preview: Where to watch, predicted line-ups, form, coaches’ thoughts
23 minutes -
Real Madrid vs Bayern München Champions League preview: Where to watch, predicted line-ups, form, coaches’ thoughts
29 minutes -
CIB Ghana Post-MPC policy seminar urges action to turn macroeconomic stability into jobs
32 minutes -
Maguire signs one-year contract at Man Utd
35 minutes -
GACL chairman says airport levy to fund projects, completion targeted within 24 months
48 minutes -
Sugar sacks now used to bag cocoa under Mahama government – Annoh-Dompreh raises concerns
53 minutes -
President Mahama will sign LGBTQ Bill when it reaches him — NDC’s Wonder Madilo
53 minutes -
NADMO issues alert on Chlorine gas leak at Baifikrom Water Treatment Plant
56 minutes -
Airport congestion, ageing facilities justify new levy — GACL Chairman
1 hour -
Runway at risk: GACL Chair warns of potential downgrade and sewage disaster at Accra Int’l Airport
1 hour -
Annoh-Dompreh leads Minority Caucus tour to spotlight cocoa sector challenges
1 hour -
Adorye urges government to safeguard fuel supply amid global tensions
1 hour -
Agalga reveals regional airports are bleeding and survive on Accra International Airport subsidies
1 hour