The United State (US) Ambassador to Ghana, Virginia Palmer is hopeful the International Monetary Fund (IMF) will be able to help Ghana address its macroeconomic challenges.
The diplomat attributes Ghana’s economic challenges to high indebtedness and government spending, which she said is further exasperated by the Covid-19 pandemics and by the Russian-Ukraine war.
She added that the US wants to be supportive of the country’s economic recovery process.
The Ambassador who was answering questions at an engagement with media in Tamale as part of a working visit to the Northern Region said she was happy that Ghana was working to address its challenges.
“Ghana has macroeconomic challenges, high levels of debt, government spending, and that has been exasperated by Covid-19 and the Russia invasion of Ukraine. I hope with the IMF program they can address the challenge,” she said.
On Ghana’s security threats, she commended the government for its security campaign “see something, say something” launched to conscientise Ghanaians on the terrorism security threat within the sub-region.
Mrs Palmer said the US Embassy has a cordial working relationship with the security service offering logistical and capacity building to help equip them in addressing the security threat.
She said the US government was concerned with deteriorating situation in Burkina Faso, Mali and Guinea, adding that Ghana’s democracy is her strongest attribute and that can not be overemphasized.
“We are concerned about Democratic backsliding in Burkina Faso, Mali, Guinea and Ghana example, is hugely important to that,” Ambassador Virginia said.
She commended the government for recognising inclusive economic growth in the north is critical both to Ghana’s economic development, peace and stability and in preventing violent extremism.
Ambassador Virginia Palmer said the US government will continue to be helpful in the area of health agriculture and security.
“I have a lot of respect that the government of Ghana recognises that inclusive economic growth in the north is critical to both Ghana’s economic development overall but also to peace and stability and preventing violent extremism,” she added.
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