Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has lauded former President Akufo-Addo's administration for laying a solid foundation for Ghana's economic future.
She said this in a letter addressed to the former President dated January 8, 2025.
Mr Georgieva commended Mr Akufo-Addo’s leadership, particularly his role in steering Ghana through challenging times.
The IMF boss highlighted the significant strides made during his tenure.
"The policies and reforms during your administration have laid the groundwork for Ghana's future,” she indicated.
The letter also stressed what the IMF boss sees as the former president’s advocacy for the Sub-Saharan African region during the COVID-19 pandemic.
Former President Akufo-Addo’s efforts, according to Georgieva, were instrumental in mobilizing much-needed resources to address the crisis, showcasing his commitment not just to Ghana but to the broader African continent.
Mad. Georgieva expressed appreciation for the collaboration between the Akufo-Addo administration and the IMF, pointing to the recent completion of the third review of the IMF-supported program.
She described this milestone as a reflection of Ghana’s progress toward restoring macroeconomic stability, crediting the administration’s dedication to implementing critical reforms.
She wrote, “These achievements reflect your dedication to important reforms, offering a positive outlook for the future.”
The partnership between Ghana and the IMF during Mr Akufo-Addo’s tenure was marked by efforts to stabilize the economy, enhance fiscal discipline, and promote sustainable growth.
These measures, while challenging at times, have set a promising trajectory for the nation.
Georgieva concluded by wishing Akufo-Addo success in his future endeavors, reflecting the high regard in which his contributions are held on the international stage.
With the foundation laid during his administration, the focus now shifts to how the incoming leadership will build upon these reforms to ensure sustained growth and prosperity for Ghana.
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