Home / National News / IMF’s Mission To Ghana Has Been Constructive; Another Team Coming Soon

IMF’s Mission To Ghana Has Been Constructive; Another Team Coming Soon

Spread the love

The International Monetary Fund (IMF) has described its mission to Ghana as constructive.

According to the Fund, another team from the Fund will visit Ghana in the coming weeks.

Speaking at a press conference, Director of Communications at the IMF, Gerry Rice, said “we had an IMF staff team in Accra in July [2022] to begin initial discussions with the Ghanaian authorities. And we characterized that mission as constructive, kick started the process, and laid the groundwork for engagement, which now continues”.

 

“Our Mission Chief for the IMF also recently visited Accra, again, to meet with key counterparts. And we’re hopeful for another visit in the coming weeks, I don’t have a date for you, but in the coming weeks”, he added.

See also  Support Black Stars 2022 World Cup Campaign – Akufo-Addo To MTN

 

On whether the economic challenges in Ghana was due to external factors particularly Russian/Ukraine war and Covid-19 pandemic, Mr. Rice affirmed his Managing Director, Kristalina Georgieva that Ghana’s economic problems is due to shocks from Covid-19 and the Russian/Ukraine war

 

“I would say, as just to repeat, the war in Ukraine has triggered a global economic shock that’s hitting Ghana and, as I said, many other countries, and all at a time when, for many of these countries, their room for fiscal maneuver, if I could put it that way, is already extremely limited because they’ve used a lot of fiscal power already, firepower already in the pandemic.”

See also  Ghana: Today’s Newspaper Headlines; Friday, September 9, 2022

 

“So, the shock coming from the war in Ukraine compounds other pressing policy challenges. And we’re very cognisant of that. And that’s why we are, as I described at the beginning, stepping up to help countries where we can, and that includes Ghana”.

 

The Managing Director of the IMF recently reiterated her outfit’s commitment to reaching agreement with the government by the end of this year for an economic programme.

According to her, Ghana’s current economic woes is not a self-inflicted one but exogenous shocks such as COVID-19 and the Russian/Ukraine War.

Speaking with Joy News’s Benjamin Akakpo at the Africa Adaptation Summit in Rotterdam, Holland, Madam Georgiva, said the present economic imbalances is not due to bad policies by the government.

See also  Government Cancels 2-year, 5-year Bond Issuance

 

 

 

 

 

 

Thanks for reading from TodayGhanaMedia.com as a news publishing website from Ghana.

 

 

Source:  My Joy Online

 

 

Disclaimer: TodayGhanaMedia.com is not responsible for this report and its content.
There are four types of content published on  TodayGhanaMedia.com  daily: curated content; syndicated content; user-generated content; and original content.

 

 

 

Are You Suffering From Weak Erection, Low Libido, Premature Ejaculation Or Infections? – Get M-Plus No

 

 

  Maccun Plus (MPlus) is for men and women as a natural aphrodisiac with no side effects

Just contact the number below for M PLUS HONEY.

024-377-7896 / 0561193978

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

About admin

Check Also

Police Fire Teargas To Disperse Protesting UEW Students In Winneba

Spread the love The police have resorted to the use of teargas to disperse some …

Leave a Reply

Your email address will not be published.