{"id":606870,"date":"2019-04-11T01:35:52","date_gmt":"2019-04-11T01:35:52","guid":{"rendered":"<br><div>\n<!-- \/1002554\/MJO_Announcement_250X340 -->\n<!-- <div id='div-gpt-ad-1550929497923-0' style='float:right;z-index: 996;height:340px; width:250px;'>\n\n<\/div> -->\n<!-- 27th April (1month) - UHAS -->\n<div style=\"float:right;z-index: 996;height:340px; "},"modified":"2019-04-11T01:35:52","modified_gmt":"2019-04-11T01:35:52","slug":"%e2%80%8b%e2%80%8b%e2%80%8b%e2%80%8b%e2%80%8b%e2%80%8b%e2%80%8bimf-exit-opens-way-for-enormous-economic-transformation-ypn","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/04\/11\/%e2%80%8b%e2%80%8b%e2%80%8b%e2%80%8b%e2%80%8b%e2%80%8b%e2%80%8bimf-exit-opens-way-for-enormous-economic-transformation-ypn\/","title":{"rendered":"\u200b\u200b\u200b\u200b\u200b\u200b\u200bIMF exit opens\u00a0way for enormous economic transformation \u2013 YPN"},"content":{"rendered":"<p><\/p>\n<div>\n<!-- \/1002554\/MJO_Announcement_250X340 --><br \/>\n<!-- \n\n<div id='div-gpt-ad-1550929497923-0' style='float:right;z-index: 996;height:340px; width:250px;'>\n\n<\/div>\n\n --><br \/>\n<!-- 27th April (1month) - UHAS --><\/p>\n<div style=\"float:right;z-index: 996;height:340px; width:250px;\">\n<img decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/03\/glauc-new.jpg\" data-pagespeed-url-hash=\"1830378809\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\"\/>\n<\/div>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">The Young Professionals Network has expressed hope in the government\u2019s exit from the IMF program.<\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">The network in a press statement to congratulate the government on a successful IMF exit stated, IMF handling\u00a0<\/span><\/span><span style=\"background-color:white\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">over management of the economy to the Ghanaian team will increase the implementation of\u00a0human-faced projects.<\/span><\/span><\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid-1 --><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"background-color:white\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">YPN added\u00a0<\/span><\/span><\/span><\/span><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">some executions by government pushed the improvement of the economy. <\/span><\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">The government of Ghana under the NDC, in 2015, signed a three-year agreement with the IMF for an external credit facility of $918million to foster economic stability.<\/span><\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid-2 --><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">Based on the agreement, the IMF set out benchmarks for structural reforms and financial sector stability.\u00a0<\/span><\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">According to YPN, economic indicators continued to deteriorate even after the agreement was in place.<\/span><\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">\u201cAs our debt stock ballooned, inflation increased and the economy had a better part of ripple effects from poor economic management guaranteeing that the nation could not have been able to leave the programme per the stipulated tenor,\u201d the statement read.<\/span><\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">After doing pre and post the NPP coming to power in 2017 analysis, YPN stated it has noticed an economic improvement per remarkable performance of key indicators.<\/span><\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><img decoding=\"async\" alt=\"YPN indicators\" src=\"https:\/\/cdn.ghanamma.com\/2019\/04\/2912412278819_7034007156992.jpg\" data-pagespeed-url-hash=\"3443241420\" onload=\"pagespeed.CriticalImages.checkImageForCriticality(this);\"\/><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">The Network explained governments performance and executions, eventually led to the country\u2019s exit from the IMF programme.<\/span><\/span><\/span><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\"><span style=\"font-family:Calibri,sans-serif\"><span style=\"font-family:&quot;Arial&quot;,sans-serif\"><span style=\"color:#222222\">YPN also named receipt of highest FDI in West Africa, building a robust banking sector through reforms, support for the implementation of Free SHS, reduction in import duties as some of the qualitative strides made by this administration.<\/span><\/span><\/span><\/p>\n<p><!-- \/1002554\/Myjoyonline\/mjo-article-leaderboard_mid --><\/p>\n<p style=\"margin-left:0cm; margin-right:0cm\">\u00a0<\/p>\n<\/div>\n<p><script async>(function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(d.getElementById(id))return;js=d.createElement(s);js.id=id;js.src=\"http:\/\/connect.facebook.net\/en_GB\/sdk.js#xfbml=1&version=v2.10&appId=1559506714349564\";fjs.parentNode.insertBefore(js,fjs);}(document,'script','facebook-jssdk'));<\/script><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Young Professionals Network has expressed hope in the government\u2019s exit from the IMF program. The network in a press statement to congratulate the government on a successful IMF exit stated, IMF handling\u00a0over management of the economy to the Ghanaian team will increase the implementation of\u00a0human-faced projects. YPN added\u00a0some executions by government pushed the improvement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":606873,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-606870","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>\u200b\u200b\u200b\u200b\u200b\u200b\u200bIMF exit opens\u00a0way for enormous economic transformation \u2013 YPN - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/11\/\u200b\u200b\u200b\u200b\u200b\u200b\u200bimf-exit-opens-way-for-enormous-economic-transformation-ypn\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"\u200b\u200b\u200b\u200b\u200b\u200b\u200bIMF exit opens\u00a0way for enormous economic transformation \u2013 YPN - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"The Young Professionals Network has expressed hope in the government\u2019s exit from the IMF program. 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