14.6 C
London
Tuesday, May 24, 2022

Gov’t Will Find Other Ways of Handling Debt Without Going To IMF – Ken Ofori-Atta | Business News

Finance Minister Ken Ofori-Atta whiles addressing Ghana’s current economic situation on Thursday said the Nana Addo-led government was committed to not seeking International Monetary Fund (IMF) assistance to relieve its debt.
 
This comes months after the government announced a raft of spending cuts to tackle inflation, reduce the deficit, restore a depreciating local currency and reassure spooked investors. 
 
“We have committed to not going back to the fund because . . . the fund knows we are in the right direction,” he said at a media conference.
 
Adding that, “It’s about validating the program we have in place and finding other ways of handling our debt without going to the fund.”

Source: King Edward Ambrose Washman Addo/peacefmonline.com/ghana

 

 

Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority.

Featured Video

Latest news
Related news