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Ofori-Atta Will Secure A Good IMF Deal For Ghana – Akufo-Addo’s Lawyer

Ghana's Return To Capital Market May Take 3 Years – <a class=Ofori-Atta – HitzAfrik Radio"/>

Lawyer for President Nana Addo Dankwa Akufo-Addo, Kow Essuman says he still believes Finance Minister, Ken Ofori-Atta is the right man to lead Ghana out of its current economic quagmire as government engages the International Monetary Fund (IMF) for support.

He says the Finance Minister has a track record of taking Ghana successfully out of difficult situations when the past government went for a bailout from the IMF.

"I am confident that Finance Minister, Ken Ofori-Atta, will get a good deal for Ghana and steer us out of these times very soon. He has done it before, and he will do it again", he wrote on Twitter.

Mr Essuman tweeted the above on Tuesday while reacting to a publication by online portal, Ghanaweb, in which Mr Ofori-Atta expressed satisfaction with respect to the government's negotiation with the IMF.

"This has been a very productive mission and I think the IMF team and all stakeholders for their commitment over what has been a marathon fortnight. The Government of Ghana is deeply encouraged by the progress made so far

"We look forward to continuing our engagement and remain committed to working tirelessly to create a stable and resilient macroeconomic environment, ensure debt sustainability, and maintain social cohesion"', Mr Ofori-Atta said.

Challenges in Ghana’s economy have worsened since the beginning of this year. The Cedi is currently trading at GH₵11.2 to the United State Dollar.

Rating agencies Fitch, Moody’s and Standard & Poor have all downgraded the country’s economy to junk status.

Government in an effort to salvage the situation has gone to the IMF for a $3 billion dollars bailout to help restore its broken economy.

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