Home / BUSINESS NEWS / President Akufo-Addo Directs Finance Minister To Engage IMF For Economic Support

President Akufo-Addo Directs Finance Minister To Engage IMF For Economic Support

Spread the love

President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund, for economic support, MyGhanaMedia.com can authoritatively confirm.

A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1st, 2022 indicated that there had already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo. conveying the government’s decision to engage the Fund.

 

“The President of the Republic, Nana Addo-Dankwa Akufo-Addo, has authorieed Finance Minister, Ken Ofori-Atta, to commence formal engagements with the International Monetary Fund (IMF), inviting the Fund to support an economic programme put together by the Government of Ghana”.

Cabinet at a meeting on June 30th, 2022, supported government’s decision to pursue an economic programme from the Fund.

 

 

The engagement with the IMF, the statement, pointed out will seek to provide a balance of payment support as part of a broader effort to quicken Ghana’s build back in the face of challenges induced by the COVID-19 pandemic and, recently, the Russian-Ukraine crisis.

 

 

 

 

 

 

 

Image

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source:  MyGhanaMedia.com

 

 

 

 

There are four types of content published on MyGhanaMedia.com daily: curated content; syndicated content; user-generated content; and original content.

Image


Send your news stories to myghanamedia@gmail.com and Chat with us via WhatsApp on +233 200818719

 

 

About Adwenpa-Hene

we publish on Entertainment, Sports, Politics, Lifestyle, and Technology. You can also follow Us on : YouTube Channel - My Ghana Media TV, Facebook - MyghanaMedia TV , Twitter - @MyGhanamedia2 & Instagram - My Ghana Media TV. Email Address: myghanamedia@gmail.com Contact Us: 0200818719

Check Also

Family Announces Date For Akua Donkor’s One Week Observation

Spread the love The family of the late Ghana Freedom Party presidential candidate, Madam Akua …

x