The current International Monetary Fund (IMF) engagement with Ghana, according to President Nana Addo Dankwa Akufo-Addo, is the most transparent.
He stated that his government has been open and honest with the Ghanaian people throughout the process.
“This is the most transparent IMF programme in history.” In 2015, did you hear anything about the IMF?” On Monday, October 17, he answered questions on a Kumasi-based radio station while touring the Ashanti Region.
His Finance Minister, Ken Ofori-Atta, believes the IMF will approve Ghana’s programme by the end of the year.
He told TV3’s Paa Kwesi Asare on the sidelines of the IMF and World Bank annual meetings in Washington DC that the Fund is motivated to close the deal by the end of the year.
“…To get as close to a staff level agreement as possible so that we can incorporate all of our decisions into the budget so that there will be no reversal and, hopefully, the board will approve by the end of the year.”
Do you think that’s going to happen? He was questioned.
“We have to make it happen, the Fund is very motivated,” he responded.
Do you think that’s going to happen? He was questioned.
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“We have to make it happen, the Fund is very motivated, we are 24/7, we will stay a few more days after this annual meeting and ensure we make solid progress going forward,” he responded.
“I am excited about where we are, which means that if we finish by the end of the year, disbursements from the fund will be made to replace what we would have done in the international market.” Clearly, there is no need for me to speculate on where the currency should be.”
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