Audio By Carbonatix
The International Monetary Fund (IMF) has confirmed to have received a request from the Ghanaian government for economic support.
According to a tweet from its Country Representative, Albert Touna-Mama, the Fund is ready to assist the country to restore macroeconomic stability.
“We can confirm that the authorities have been in touch to request Fund’s support to Ghana’s own economic programme.”
We can confirm that the authorities have been in touch to request Fund’s support to #Ghana’s own economic program. The #IMF stands ready to assist #Ghana to restore macroeconomics stability; safeguard debt sustainability; promote inclusive and sustainable growth; 1/2 https://t.co/fNQoQ4KbY9
— Albert Touna-Mama (@ATounaMama) July 1, 2022
“The IMF stands ready to assist Ghana to restore macroeconomics stability, safeguard debt sustainability, promote inclusive and sustainable growth”, he added.
President Akufo-Addo today directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the IMF for economic support.
A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1st, 2022 indicated that there had already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo, conveying the government’s decision to engage the Fund.
Latest Stories
-
Karaga MP donates 4,000 gallons of fuel to boost livelihoods in New Year outreach
3 hours -
GIPC CEO engages European Parliament delegation on Ghana’s investment reforms
3 hours -
BoG rejects market speculation, emphasises data-driven policies
4 hours -
BoG targets consolidation, discipline in 2026 policy direction
4 hours -
GJA-Ashanti commends EPA’s continuous engagement with journalists who were involved in accident
4 hours -
Wenchi needs development, help us – Chiefs to Aseidu Nketia
5 hours -
EPA boss encourages journalists not to relent in their support to fight galamsey
5 hours -
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
5 hours -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
6 hours -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
6 hours -
My Response to Dr Bryan Acheampong: Facts must prevail
6 hours -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
6 hours -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
7 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
7 hours -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
7 hours