Audio By Carbonatix
The Managing Director of the International Monetary Fund, Kristalina Georgieva, has urged Ghana's creditors to support the country, saying, Ghana has a track record of sound macroeconomic management.
Speaking at a press conference at the ongoing IMF/World Bank Spring Meetings, Madam Georgieva said she is optimistic the IMF-support programme for Ghana will restore macroeconomic stability.
“Let’s remember that Ghana for a long time, has done really well to tap markets to finance its growth path. It has been, like all innocent bystanders, hit by Covid, hit by the war in Ukraine; and it has complicated domestically, the ability to finance the budget”.
“So a country that has a long track record of sound macroeconomic management, it ought to be supported to return to markets [financial markets]. So our programme is a bridge for Ghana and to tell you the truth, I am actually quite optimistic.”
Madam Georgieva, earlier gave the Fund’s firm assurance that it will act swiftly to approve Ghana’s programme request as soon as a deal is reached with its creditors.
According to her, “we are sure that the creditors are going to move swiftly at next week’s meetings and are also going to move swiftly on Ghana’s request”.
She urged Ghanaians to stay positive on the country’s programme request since an action will soon be taken swiftly.
Latest Stories
-
Galamsey cuts off cocoa farms in Mfantseman, farmers suffer heavy losses
38 minutes -
Ghanaian delegation set for January 20, 2026 trip to Latvia in Nana Agyei case – Ablakwa
2 hours -
Accra turns white as Dîner en Blanc delivers night of elegance and culture
4 hours -
War-torn Myanmar voting in widely criticised ‘sham’ election
6 hours -
Justice by guesswork is dangerous – Constitution Review Chair calls for data-driven court reforms
6 hours -
Justice delayed is justice denied, the system is failing litigants – Constitution Review Chair
6 hours -
Reform without data is a gamble – Constitution Review Chair warns against rushing Supreme Court changes
7 hours -
Rich and voiceless: How Putin has kept Russia’s billionaires on side in the war against Ukraine
7 hours -
Cruise ship hits reef on first trip since leaving passenger on island
7 hours -
UK restricts DR Congo visas over migrant return policy
7 hours -
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
8 hours -
Two dead in 50-vehicle pile up on Japan highway
8 hours -
Fearing deportation, Hondurans in the US send more cash home than ever before
8 hours -
New York blanketed in snow, sparking travel chaos
8 hours -
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
12 hours
