IMF-Ghana Negotiations: Pathway towards fiscal sustainability extensively discussed – Finance Ministry
A pathway towards the fiscal sustainability of the economy has been extensively discussed with the IMF, the Finance Ministry has said in a statement on Friday, October 21, 2022.
The Ministry however, failed to give specific details as to what were discussed regarding the fiscal sustainability of the country.
In the statement, the Ministry asserts a clear path towards the fine details of a programme has been agreed on by both the IMF and the Government of Ghana with both parties fully committed to the goal of reaching a Staff-Level Agreement on a programme within the shortest possible time.
Adding that negotiations with the IMF for a programme has been far advanced.
The Ministry however, added that, negotiations will continue with the IMF Mission Team expected in the capital in the next few weeks.
The Ministry in its statement, assured Ghanaians of continuing to work with a “fierce sense of urgency to stabilise the economy and place it back on a firm trajectory of growth.”
“We thank the people of Ghana for their forbearance in what is undoubtedly a troubling and challenging time for our economy,” the Ministry added.
