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.

“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.


Akufo Addo goes to IMF
Akufo Addo goes to IMF

Source: TheBBCghana.Com

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