The discussions focused on recent economic developments and implementation of the Fund-supported programme approved on May 17, 2023.
At the conclusion of the visit, Mr Roudet issued a statement saying: “During the visit, we discussed recent macroeconomic developments”.
“Against a complex global economic backdrop, the Ghanaian economy is showing signs of stabilisation, with softening inflation, an increase in international reserves, and a less volatile exchange rate”, he observed.
He reported: “We also took stock of the authorities’ progress in meeting key commitments under the Fund-supported programme”, noting: “These will be formally assessed in the context of the first review of the Extended Credit Facility arrangement, which is expected to be undertaken in the Autumn”.
Mr Roudet pointed out that in discussing the progress on the debt restructuring operations, “we reiterated that timely restructuring agreements with creditors are essential to secure the expected benefits of the Fund-supported programme”.
He said: “IMF staff held meetings with President Akufo-Addo, Vice President Bawumia, Finance Minister Ofori-Atta, and Bank of Ghana Governor Addison, and their teams, as well as representatives from various government agencies, the Parliament’s Finance Committee, the private sector, and civil society”.
He said the staff “would like to express their gratitude to the Ghanaian authorities and other stakeholders for their constructive engagement and support during this mission”.
12-year-old scraps dealer shares his story
Anti-LGBTQ+ Bill: Check out Ghanaian culture that practices homosexuality’s
150 students displaced as rainstorm rips off dormitory at Ejisu Secondary Technical School
HOT VIDEO: Leaked Video of a Ghanaian Seamstress goes viral
VIDEO: Pupil teacher c*ught having s*x with 11-year-old in an uncompleted Building
NDC declines EC’s invitation to review 2020 polls
GENERAL NEWS2 weeks ago
Techiman resident turns Daewoo Matiz car into a helicopter
POLITICS2 days ago
Watch how Frema Opare reacted when she saw Asamoah Gyan at launch of Bawumia’s manifesto committee
SHOWBIZ KONKONSAH2 months ago
Ban them from radio, TV – Shatta Wale lists 8 ‘enemies’ of Ghana music
GENERAL NEWS2 weeks ago
Men are afraid to date me – ‘Bearded’ woman cries out
GENERAL NEWS3 months ago
Fire guts home of Prof Ameyaw Akumfi, daughter burnt
Finance4 days ago
FULL TEXT: Isaac Adongo delivers public lecture on Ghana’s economic mess
Africa Sports3 months ago
‘I’m in Heaven’ – Asamoah Gyan states as he tours Adebayor’s Togo mansion
GENERAL NEWS2 months ago
Why the British named kings in Ghana paramount chiefs, the advent of stools and the word enstoolment