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.
IMF staff will visit Accra from September 26 – October 7 to continue discussions with the Ghanaian officials on policies and reforms that could be supported by an IMF lending arrangement. https://t.co/vlAkmvUIeK pic.twitter.com/VQFmXRlONM
— IMF Africa (@IMFAfrica) September 25, 2022