President Nana Addo Dankwa-Akufo-Addo has appealed to the Diplomatic Corps to help Ghana’s bid for a $3 billion bailout at the International Monetary Fund (IMF).
The President, speaking to members of the Diplomatic Corps at the Peduase Lodge on Tuesday, stated that with the Paris Club’s cooperation, he is confident that the IMF deal will be completed by the end of March.
“Just as we managed to achieve a staff-level agreement with the Fund in record time in December last year whose terms were systematically fulfilling including the difficult but ultimately highly successful process of the Domestic Debt Exchange Programme, I am confident that with the cooperation we have received from the members of the Paris Club and the People’s Republic of China, which sent a delegation from China’s EXIM Bank to Accra over the weekend to meet with officials of the Ministry of Finance, we shall be able to go to the Board of the Fund to conclude finally the agreement by the end of March,” he said.
According to him, “this will set the stage for the strong recovery of Ghana’s economy. Needless to say, we will hope that all Ghana’s friends will weigh in with words of support at the Fund.”
By: Raiunbowradioonline.com/Ghana
