Finance Minister, Ken Ofori-Atta, has communicated government’s commitment to its Ghana Beyond Aid agenda.
According to him, though some Ghanaians may be disappointed with the government seeking a bailout from the International Monetary Fund (IMF) whilst touting a Ghana Beyond Aid agenda, the current fiscal situation is unique hence the call for unique measures.
“There’s no question about it in terms of commitment to it. Because really as you yourself said, I mean, the global situation – as the Managing Director of the IMF said – is grim and the dark clouds are not over yet, they’ll continue.
“So you look at your resource envelope, you look at where you can get the appropriate support to move forward, and truly the need to engage the Fund wasn’t very clear,” he said on JoyNews’ PM Express Business Edition.
He noted that while he is aware of certain comments he has made in the past about seeking support from the IMF, he realizes that going to the IMF is the support the country needs to smoothly sail the ongoing turbulence in the local and international fiscal space.
“And given our commitment to achieving our Ghana Beyond Aid, one cannot have one’s statement in the past be the reason for not looking for a solution that will get us to a Ghana Beyond Aid. So I’m sure it’s disappointing.
“It’s disappointing for all of us, but really what has occurred in this period is like nothing we’ve seen before. And for us as a government, once we commit to something, we tend to do it. So we will go through this very successfully and quickly,” he said.
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