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President Akufo-Addo finally engage with IMF for economic support
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The President of the Republic Of Ghana, Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to enhance formal engagements with the International Monetary Fund ” IMF” for an immediate economic support.
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The statement was officially signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1st, 2022 proved that there had already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo. conveying government’s decision to engage the Fund.
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“The President of the Republic, Nana Addo-Dankwa Akufo-Addo, has authorised Finance Minister, Ken Ofori-Atta, to commence formal engagements with the International Monetary Fund (IMF), inviting the Fund to support an economic programme put together by the Government
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Cabinet at a meeting on June 30th, 2022, supported government’s decision to pursue an economic programme from the Fund.
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The engagement with the IMF, the statement, pointed out will seek to provide a balance of payment support as part of a broader effort to quicken Ghana’s build back in the face of challenges induced by the COVID-19 pandemic and, recently, the Russian-Ukraine crisis.
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