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Ghana has reached out to us for a bailout- IMF confirms

July 1, 2022

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.

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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.

By: Rainbowradioonline.com./Ghana

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