BREAKING: Ghana heads to IMF as Akufo Addo instructs finance minister to quickly commence process
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The president of Ghana, Akufo Addo has directed the finance minister, Ken Ofori Atta, to commence engagement with the IMF.
READ STATEMENT BELOW:
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has authorised Finance Minister Ken Ofori-Atta to commence formal engagements with the International Monetaiy Fund (IMF), inviting the Fund to support an economic program put together by the Government of Ghana.
This follows a telephone conversation between the President and the IMF Managing Director, Miss Kristalina Georgieva, conveying Ghana’s decision to engage with the Fund.
At a meeting on June 30th, 2022, cabinet indicated its support for the decision.
The engagement with the IMF will seek to provide balance of payment support as part of a broader effort to quicken Ghana’s build back in the face of challenges.
Singed:
Kojo Oppong Nkrumah (MP) Minister