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

28 September 2022, 1:00 PM  |
Reuters Reuters |  @SABCNews
Ghanaians gather in the streets on the second day of protests over recent economic hardships, in Accra, Ghana, June 29, 2022.

Ghanaians gather in the streets on the second day of protests over recent economic hardships, in Accra, Ghana, June 29, 2022.

Image: Reuters

Ghanaians gather in the streets on the second day of protests over recent economic hardships, in Accra, Ghana, June 29, 2022.

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

 

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