The International Monetary Fund (IMF) officials Ghana’s team spoke with have been identified by Kojo Oppong Nkrumah, Minister of Information, along with their positions in relation to the assistance Ghana is requesting from the IMF.
He claims that President Nana Addo Dankwa Akufo-Addo is in charge of leading the Ghanaian delegation to the meeting with the IMF.
He added that Ken Ofori-Atta, the minister of finance, is also in charge of a group participating in the engagements’ data-sharing exercise.
According to the information minister, the data-sharing will decide if Ghana is eligible for the program’s benefits and whether it is not.
The Finance Minister and his team are currently in charge of the data-sharing operation, according to the Information Minister, who made these comments on Wednesday, July 6 while speaking at the 3businesscolloquium hosted by Media General. The President and the Mission Chief will have several conversations after they are finished. The Managing Director of the Fund has already heard from the President.
“The first part of the conversation is sharing of data. The data has its interpretation and the data will tell us what we qualify for and what we don’t qualify for.”
The IMF staff team, led by Carlo Sdralevich, mission chief for Ghana, is in the country to begin initial discussions with the Ghanaian authorities about a possible IMF-supported programme.
Prior to the arrival, Mr. Sdralevich in a statement said “On the basis of a request from the Ghanaian authorities, an IMF staff team will in the coming days kick-start discussions on a possible program to support Ghana’s homegrown economic policies. We are at an early stage in the process, given that detailed discussions are yet to take place.”
“The IMF stands ready to assist Ghana to restore macroeconomic stability, safeguard debt sustainability, and promote inclusive and sustainable growth, and address the impact of the war in Ukraine and the lingering pandemic.”
“We are looking forward to our engagement with the authorities in Accra,” the Fund said.
The Government of Ghana on Friday July 1 announced that it was seeking support from the IMF.
The Information Minister announced this in a statement following a telephone conversation between the President and the IMF Managing Director, Ms Kristalina Georgieva, conveying Ghana’s decision to engage with the Fund.