Sign in
Download Opera News App

News Politics

 

Politics

 

Africa politics

JUST IN: IMF Finally Drops Good News For Ghana – See More Details

A financial rescue from the International Monetary Fund (IMF) has been confirmed by the Government of Ghana.

The International Monetary Fund (IMF) announced this on Twitter on Friday, July 1, 2022, stating that it intends to help Ghana develop a self-sustaining economic plan.

It's expected that initial talks with the government will take place within a few weeks.

"We can confirm that Ghanaian officials have contacted the IMF to request assistance with a domestic economic policy. The International Monetary Fund (IMF) says it is ready to assist Ghana and hopes to begin conversations within the next few weeks.

President Nana Addo Dankwa Akufo Addo asked Finance Minister Ken Ofori-Atta to begin official engagements with the Fund, which he has now followed through.

On Friday, July 1, 2022, GhanaWeb published a press release containing the information.

According to the announcement, Ghana's finance minister has been directed by the president to seek IMF help for a government economic plan.

According to the ministry of information, the IMF assistance will help "accelerate Ghana's buildback in the face of challenges induced by the COVID-19 pandemic, and more recently, the Russia-Ukraine crisis." balance of payment support.

@IMFSpokesperson: "We can confirm that Ghanaian officials have contacted the IMF to ask for assistance with a domestic economic plan. Acknowledging the Fund's readiness, Ghana can expect to begin preliminary discussions within the next few weeks"

Content created and supplied by: Devarsh_Arena (via Opera News )

Ghana Ghanaian IMF International Monetary Fund Nana Addo Dankwa Akufo Addo

COMMENTS

Load app to read more comments