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Thursday, December 8, 2022

It will be a magic for government to secure IMF deal before before 2023 budget – Ato Forson 

The Ranking Member of Parliament’s Finance Committee says he does not believe the government can secure a programme with the International Monetary Fund (IMF) before the 2023 budget. 

Cassiel Ato Forson said that is very unlikely. 

According to him, that will mean that the government will accept any offer to that will be put on the table for them. 

A situation he insisted will not be in the best interest of Ghanaians. 

“I doubt in the next six weeks we are going to have a programme. That will be a magic of a lifetime.

It will mean we are just going to be yes men and accept everything they say,” said Mr Forson on Citi FM on Wednesday, September 28. 

Government has said it will fast-track negotiations with the IMF to ensure key aspects of the programme are reflected in the 2023 budget statement.

Finance Minister, Ken Ofori-Atta made this known at a press briefing on Wednesday, September 28. 

He said negotiations with the Bretton Woods Institution have been smooth so far.

He stated that the government is committed to ensuring that a comprehensive package is negotiated with the Fund. 

“In line with the President’s dialogue with the IMF Managing Director, Kristalina Georgieva, negotiations will be fast-tracked to ensure that key aspects of the programme are reflected in the 2023 Annual Budget Statement in November 2022,” he said. 

However, Dr. Forson wants government to slow on this move. 

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