The National Democratic Congress has scheduled Monday, March 20, 2023, to deliver the “true state of the nation address.”

The Chairman of the party, Mr. Johnson Asiedu Nketia, is expected to address the press at 2 p.m. at the University of Professional Studies Accra (UPSA).

The NDC's "true state of the nation address" comes days after President Nana Akufo-Addo delivered the State of Nation Address (SONA) in Parliament.

Among other issues to be highlighted in the address are; the economy, expenditure cut, gold for oil deal and steps taken to secure a $3 billion International Monetary Fund bailout.

Meanwhile, government has indicated that is hoping to secure an International Monetary Fund (IMF) Board approval by March 2023.

The Finance Minister added that government is also hoping to reach a deal with the Paris Club (International Creditors) on the country’s debt re-profiling.

However, the Minority Leader, Dr Cassiel Ato Forson says President Akufo-Addo is being misled with regard to the possibility of the government securing an IMF Board approval this month. 

He said the process that would lead to a consideration of Ghana’s request by the IMF Board has not even started. 

Dr Ato Forson said these processes will only start when China agrees to give Ghana a debt financing assurance.

However, the Ajumako Enyan Essiam MP said China is currently not ready to accept the haircut being proposed by the Ghanaian government. 

“Mr. Speaker, our President said on authority that Ghana would get an IMF Board approval by the end of this month, I don’t know who is briefing our President, but Ghana will not be able to get an IMF Board approval by the end of this month.

“We need to get China to give Ghana financing assurance and that they are ready to take a haircut and China has not agreed,” he said in Parliament on Friday, March 17.