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
-
A Closer Look at a 21-Day Religious Fast
36 minutes -
NPP’s Osei Nyarko condemns ‘high-handedness’ in crackdown on driver overcharging
53 minutes -
Gwollu, Resistance, and Renewal: The living legacy of the Tanjia Musa Fire Festival
1 hour -
Ofori-Atta isn’t scared of criminal prosecution, he will come at the right time – Frank Davies
1 hour -
Firefighters battle blaze at Madina Market
1 hour -
“Metro Mass was in a sorry state, panting for breath when we took over” – MD Cezario Kale
1 hour -
Japan restarts world’s largest nuclear plant as Fukushima memories loom large
1 hour -
AG ‘extremely hopeful’ for Ofori-Atta’s return, acknowledges February 19 U.S. Court deadline
1 hour -
Ghana’s High Commissioner to UK engages tech innovator Danny Manu on potential Ghana projects
2 hours -
Adutwum best placed to lead NPP into 2028 elections – Campaign team
2 hours -
NPP delegates will make history by electing Dr Adutwum as flagbearer – Campaign Team
2 hours -
Digital intelligence, environmental disaster: AI’s hidden climate crisis
2 hours -
Relief for Tema residents as GWL fixes major transmission line
2 hours -
African Trade Chamber appoints Anthony G. Hylton to advisory board
2 hours -
Majority rejects minority’s call for Ablakwa’s removal
2 hours