The International Monetary Fund (IMF) has indicated it is fully committed to reaching an agreement on a framework and policies for an IMF-supported programme as soon as feasible.
This follows the conclusion of a meeting between the Fund, led by Stéphane Roudet, and the Finance Minister, Ken Ofori-Atta; the Governor of the Bank of Ghana, Dr Ernest Addison, and other team members.
It, however, did not indicate when the framework and policies for an IMF-supported programme will be announced.
In a statement issued by Stéphane Roudet, the Fund said, “we made good progress in identifying specific policies that would restore macroeconomic stability and lay the foundation for stronger and more inclusive growth”.
“The IMF team and the Ghanaian authorities remain fully committed to reaching an agreement on a framework and policies for an IMF-supported program as soon as feasible. Discussions will continue in the weeks ahead, with a follow-up mission to take place expeditiously.”
It concluded that “the Ghanaian delegation and IMF staff had very fruitful discussions on the authorities’ post-Covid-19 programme for economic growth and associated policies and reforms that could be supported by a new IMF arrangement.
Latest Stories
-
I’m not too old to be ignored, I’ve sacrificed for NPP – Kufuor laments exclusion
40 minutes -
Sinner beats Alcaraz in four sets to clinch Wimbledon title
41 minutes -
MTN Ghana champions youth mentorship drive at UG with focus on digital skills
56 minutes -
Kufuor demands respect and inclusion; laments marginalisation by NPP
1 hour -
Black Queens outstanding allowances has been paid – Ghana’s Ambassador to Morocco
2 hours -
Mobik Energy CEO raises alarm over Tarkwa’s disappearing rivers and environmental neglect
2 hours -
Former Nigerian President Muhammadu Buhari dies in London
3 hours -
Hard work, not betting, will secure your future -Mobik Energy CEO advises Tarkwa Youth
3 hours -
GIA boss debunks claim payment misconceptions as ‘Street Insurance Campaign’ educates public
3 hours -
Asempa FM’s Ekosiisen supports renal patients with GHS100K, urges gov’t to absorb full cost of dialysis care
3 hours -
WAFCON 2024: We have ‘good options in attack’ – Bjorkegren backs Queens to improve goalscoring
3 hours -
Vice President convenes strategic stakeholder meeting on Women’s Development Bank
3 hours -
Bawumia visits Hawa Koomson after violent attack during Ablekuma North rerun
4 hours -
Bawumia visits assault victims in Ablekuma North rerun; pledges support
4 hours -
Mahama charges Transport Minister and Attorney-General to resolve unauthorised shipping charges
4 hours