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Ghana negotiations with IMF to be fast-tracked: finance minister

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Ghana’s negotiations with the International Monetary Fund over a rescue package will be fast-tracked, the country’s Finance Minister Ken Ofori-Atta said on Wednesday.

Ghana began talks with the Fund on Monday for an IMF-supported lending programme in a bid to reduce economic hardship that spurred street protests.

“Negotiations will be fast-tracked to ensure the key aspects of the programme are reflected in the 2023 annual budget statement in November 2022,” Ofori-Atta said at a press briefing.

The IMF staff team is discussing policies and reforms with officials in Ghana after the West African country requested a loan from the Fund in July.

The IMF mission is scheduled to last until October 7.

 

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