The administration is working diligently to reach a deal with the International Monetary Fund, according to Ken Ofori-Atta, Minister of Finance (IMF).
He stated that Ghana is seeking an agreement that will be in line with important programme elements that are shown in the budget statement for 2023.
He continued, “Negotiations will move quickly to ensure that major elements of the programme are represented in the 2023 Annual Budget Statement in November 2022, in line with the President’s engagement with IMF Managing Director, Kristalina Georgieva.
According to him, the administration is dedicated to making sure that negotiations with the International Monetary Fund result in a comprehensive package that will work to promote social protection, ensure inclusive growth, and restore and sustain macroeconomic stability.
The medium-term macro-fiscal framework is also being updated by the IMF and Government Team in order to guide the creation of IMF programmes.