The International Monetary Fund (IMF) is currently our preferred partner for short-term financial recovery while we work on the medium- to long-term structural changes at the core of our goal to build a resilient and robust Ghanaian economy that is independent of aid. The President will administer oaths of office to new ambassadors and high commissioners on Friday, July 8, 2022.
I believe we will succeed, we will make it, and this too shall pass, according to the classic “Ghanaian spirit of entrepreneurship.”
After that, he continued, “This year’s events have taught us all a vital lesson: we must also strengthen our ties of friendship and cooperation with one another.
One country cannot accomplish it on its own. If we win or lose jointly, your role as ambassadors and high commissioners will be crucial.
The International Monetary Fund (IMF) sent a team to Ghana in the meantime to start talks about a potential loan arrangement.
However, President Nana Akufo-Addo gave Finance Minister Ken Ofori-Atta permission to act in response to the nation’s spiraling inflation. He has previously turned down IMF requests for financial assistance.
According to a request from Ghanaian officials, “an IMF staff team will launch negotiations on a possible program to help Ghana’s domestic economic policies” the next day, according to Carlo Sdralevich, head of the IMF’s Ghana mission.
One country cannot accomplish it on its own. If we win or lose jointly, your role as ambassadors and high commissioners will be crucial.
The International Monetary Fund (IMF) sent a team to Ghana in the meantime to start talks about a potential loan arrangement.
However, President Nana Akufo-Addo gave Finance Minister Ken Ofori-Atta permission to act in response to the nation’s spiraling inflation. He has previously turned down IMF requests for financial assistance.
According to a request from Ghanaian officials, “an IMF staff team will launch negotiations on a possible program to help Ghana’s domestic economic policies” the next day, according to Carlo Sdralevich, head of the IMF’s Ghana mission.
In light of the fact that extensive negotiations have not yet begun, he declared, “We are at a preliminary stage of the process.”
