
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
-
Nigeria to seek compensation for property abandoned by citizens fleeing South Africa
25 minutes -
Greek politician’s mother dies of wounds after arson attack
26 minutes -
Three die in Mexico City World Cup celebrations
38 minutes -
The cost of waiting for the rains
39 minutes -
Four European clubs battle for Prince Amoako Jnr’s signature
40 minutes -
Issaka Seidu closes in on IFK Göteborg move after agreeing personal terms
40 minutes -
NCCE dismisses reports of GH¢144m budget freeze, insists civic education activities continue
45 minutes -
One Ghanaian shot dead during mass xenophobic protests in South Africa
53 minutes -
Vivo Energy completes acquisition of TotalEnergies Marketing Jordan, introduces Engen brand
1 hour -
Security threats go beyond borders, linked to governance and inequality – Prof. Kwesi Aning warns
1 hour -
Prof. Kofi Agyekum: Authorship is earned, not owed: Protecting integrity in academic research
1 hour -
Ga Mantse calls for collective action, stricter enforcement to address recurring flooding in Accra
2 hours -
Royal Diadem School celebrates 2026 graduates, urges discipline and integrity as students transition to SHS
2 hours -
Lynx Electronics opens pre-orders for new Octave Bluetooth speaker
2 hours -
Asiedu Nketia calls for overhaul of global economic order, says Africa’s sovereignty remains incomplete
2 hours