The International Monetary Fund (IMF) has expressed its preparedness to support Ghana to revive its ailing economy.
In a series of tweets, the resident representative of the fund, Dr. Albert Touna-Mama confirmed that the Government of Ghana had reached out to his outfit for a bailout.
He revealed Ghana is seeking the support of the IMF to restore the economy to a path of growth.
“We can confirm that the authorities [of Ghana] have been in touch to request [the] Fund’s support to #Ghana’s own economic program,” he said.
“The #IMF stands ready to assist #Ghana to restore macroeconomics stability; safeguard debt sustainability; promote inclusive and sustainable growth; and face the impact of the war in #Ukraine and the lingering pandemic. We are looking forward to meeting with the authorities in the coming weeks to start the initial discussions,” he added.