Government says it will fast-track negotiations with the International Monetary Fund (IMF) to ensure key aspects of the programme are reflected in the 2023 budget statement.

Finance Minister, Ken Ofori-Atta made this known at a press briefing on Wednesday, September 28. 

According to him, negotiations with the Bretton Woods Institution have been smooth so far.

He stated that the government is committed to ensuring that a comprehensive package is negotiated with the Fund. 

Explaining further on the negotiations, he said the government’s aim will be to restore and sustain macroeconomic stability. 

“In line with the President’s dialogue with the IMF Managing Director, Kristalina Georgieva, negotiations will be fast-tracked to ensure that key aspects of the programme are reflected in the 2023 Annual Budget Statement in November 2022,” he said. 

The Ministry of Finance and the Bank of Ghana on Monday, September 26, commenced discussions with the IMF for the second time for an IMF-supported programme.

The negotiations with the IMF is expected to last for about two weeks.

Government negotiations with respect to the IMF-supported programme is commencing this week and we are optimistic about making progress in our discussions,” a statement issued by the Ministry noted.