Audio By Carbonatix
The board of the International Monetary Fund (IMF) is expected to start scrutinising proposals made by government for financial consolidation.
The IMF staff mission to Ghana has finished analysing data presented by government, especially data on the country's debt portfolios and would be submitting their report to the highest decision-making body of the institution.
Speaking on Business Trends on Joy FM, Deputy Minister of Finance, Mona Quartey, said actual work on Ghana's bailout programme would begin during IMF meetings in Washington DC.
"In those meetings they [IMF] really discuss the ratios, the deficits on the expenditure and revenue side [of Ghana's economy]", she said.
She assured that government would push for social intervention programmes to form part of the deal with the Washington-based lender.
According to her, IMF is also keen on ensuring such social interventions are in place to ease the burden that a possible programme would bring to citizens.
Meanwhile, senior economics lecturer at the University of Ghana Dr. Eric Osei Assibey has advised government to focus more on exports to help sustain the cedi's appreciation against major trading currencies.
Latest Stories
-
Cruise ship hits reef on first trip since leaving passenger on island
2 hours -
UK restricts DR Congo visas over migrant return policy
2 hours -
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
2 hours -
Two dead in 50-vehicle pile up on Japan highway
2 hours -
Fearing deportation, Hondurans in the US send more cash home than ever before
3 hours -
New York blanketed in snow, sparking travel chaos
3 hours -
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
6 hours -
We would have lost that game last season – Guardiola
6 hours -
Nigeria reach AFCON last 16 despite Tunisia fightback
7 hours -
‘He just needed more time’ – Wirtz finally breaks Liverpool duck
7 hours -
Arsenal in ‘survival’ mode as ‘sensational’ Raya save keeps them top
7 hours -
‘Wizkid is my boy, I accommodated him years ago’ – American rapper, WaleÂ
7 hours -
[Video] ‘I don stop to dey give belle anyhow’ – 2Baba confessesÂ
7 hours -
‘No artist is wack, every music is tailor-made’ – 2Baba
7 hours -
[Video]Timaya falls on stage while trying to lift plus-sized woman during performance
8 hours
