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IMF Deal Could Be Concluded Before 2023 Budget - Richmond Atuahene

Dr.Richmond Atuahene Archives - The Business & Financial Times

Richmond Atuahene, an economist and banking consultant, is optimistic that the government would succeed in its goal of putting important elements of its agreement with the International Monetary Fund (IMF) in the budget statement for 2023.

He claims that if the government makes enough effort and conducts its public negotiations on time, it will be feasible to reach an agreement before the budget is announced in November 2022, as the Finance Minister stated.

The team from IMF is currently engaging with government representatives for a total of 10 days as the formal negotiations for a Fund-supported program have started.

Discussions have started on a thorough debt sustainability review for a US$3 billion rescue program.

Cassiel Ato Forson, the minority finance spokesperson, has nonetheless questioned the government's intention to reach a settlement with the IMF before the 2023 budget is created.

The government pledges to work with the International Monetary Fund to negotiate a comprehensive package with the goals of restoring and maintaining macroeconomic stability, ensuring sustainable and inclusive growth, and advancing social protection.

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Cassiel Ato Forson IMF Richmond Richmond Atuahene

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