The International
Monetary Fund (IMF) staff team has concluded its visit to Ghana last Friday
saying it had constructive discussions with government officials and other
stakeholders.
“We had constructive discussions on policies aimed at restoring macroeconomic
stability and laying the foundation for stronger and more inclusive growth,” a
statement issued by the team led by Stéphane Roudet said on Friday.
It said, “Key areas of focus included ensuring public finance sustainability
while protecting the vulnerable, bolstering the credibility of monetary
and exchange rate policies to reduce inflation and rebuild external buffers,
preserving financial sector stability, and steps to encourage private
investment and growth, including improving governance, transparency, and
public sector efficiency.”
The IMF team visited Ghana from September 26-October 7 to continue discussions
on policies that could be supported by an IMF arrangement.
The team met with President Nana Akufo-Addo, Vice President Dr Mahamudu
Bawumia, Finance Minister Ken Ofori-Atta, and Bank of Ghana Governor, Dr Ernest
Addison, and their teams.
The IMF team also met with the Parliament’s Finance Committee, as well as representatives
from various government agencies, the Trades Union Congress, the private
sector, civil society organisations, and development partners.
The statement said “The team will return to Washington, D.C. to advance its
technical work. This includes making further progress on assessing Ghana’s debt
sustainability. The discussions with the authorities will also continue in the
weeks ahead, including during the upcoming annual meetings that will be
convened at IMF headquarters.
“We reaffirm our commitment to support Ghana in these challenging times,
consistent with the IMF’s policies. Staff express their gratitude to the
authorities, private sector, civil society, development partners and other
stakeholders in Ghana for their constructive engagement and support during this
mission,” the statement said.
Source: ghanaiantimes.com.gh