The International Monetary Fund (IMF) will visit Ghana from September 25 to October 1st to evaluate the implementation of Ghana’s Economic Recovery Programme.
This will be the IMF’s second visit to Ghana, following its approval of the country’s bailout and review of targets under the $3 billion extended credit facility.
The Ghanaian government is optimistic about receiving the second tranche of IMF bailout cash in December to support its balance of payments, as revealed by Finance Minister Ken Ofori-Atta at the 3rd GIPC CEO’s Breakfast Meeting.
“The fund will be here on September 25th through the beginning of October. Hopefully, we will get the staff level agreement then, and then we will go to the board in November of this year.”
“I believe that by going through the mission in September, we should be able to reach a successful staff-level agreement, and that will help us in our negotiating position,” the Minister said.
Ghana is expected to receive the second tranche of IMF bailout cash in December to support the government’s BOP for 2023 and 2024, the Minister disclosed.
Vy: Rainbowradioonline.com/Ghana
