SAD: Akufo Addo directs Finance Minister to engage IMF for economic support

Akufo Addo
Akufo Addo

From the looks of things, the E-levy strategy couldn’t alleviate Ghana’s difficulties as Akufo-Addo urged Ken Ofori-Atta to approach the IMF for economic help.

A statement released by Information Minister Kojo Oppong Nkrumah on July 1, 2022 suggested that IMF leader Kristalina Georgieva and President Akufo-Addo had discussed engaging the Fund.

See also  President Akufo Addo Calls For The Closure of G.A.Ys Office In Ghana

“President Nana Addo-Dankwa Akufo-Addo has authorized Finance Minister Ken Ofori-Atta to invite the IMF to help Ghana’s economic plans.”

Cabinet backed government’s intention to pursue a Fund economic program on June 30, 2022.

The IMF involvement would endeavour to offer a balance of payment assistance as part of a larger effort to speed Ghana’s recovery from the COVID-19 epidemic and the Russian-Ukraine conflict.

See also  When A Judge Is Speaking, You Should Keep Quiet – Chief Justice Warns Akufo-Addo’s Lawyer In Court

STATEMENT BELOW:

Akufo Addo goes to IMF
Akufo Addo goes to IMF

Source: TheBBCghana.Com

Previous articleMahama Presents Five Ways To Avert Collapse Of The Economy
Next article‘NDC went to IMF because of mismanagement; we’re going because of a pandemic’ – Afenyo Markin