{"id":1147354,"date":"2022-07-12T12:33:53","date_gmt":"2022-07-12T12:33:53","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/07\/12\/mid-year-budget-review-postponed-until-imf-talks-are-completed-reports\/"},"modified":"2022-07-12T12:33:53","modified_gmt":"2022-07-12T12:33:53","slug":"mid-year-budget-review-postponed-until-imf-talks-are-completed-reports","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/07\/12\/mid-year-budget-review-postponed-until-imf-talks-are-completed-reports\/","title":{"rendered":"Mid-Year Budget Review postponed until IMF talks are completed \u2013 Reports"},"content":{"rendered":"

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Ken Ofori-Atta <\/figcaption><\/figure>\n<\/div>\n

Ghana postponed this week\u2019s mid-term budget review until initial meetings with the International Monetary Fund (IMF) for an economic program have been completed, according to people familiar with the plan.\u00a0<\/p>\n

Finance Minister, Ken Ofori-Atta was scheduled to give an update on the West African nation\u2019s first-half revenue and expenditure targets on Wednesday.<\/p>\n

The mid-year budget is likely to be tabled later this month, said the people who declined to be identified because they\u2019re not authorized to speak to the media.<\/p>\n

Finance Ministry spokeswoman Cecilia Akwetey said she wasn\u2019t immediately able to comment when contacted by phone.<\/p>\n

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Ghana, Africa\u2019s second-biggest cocoa and gold producer, this month abandoned a policy decision not to seek assistance from the IMF and said it would ask the multilateral lender for as much as $1.5 billion to shore up its finances. An IMF delegation arrived in the country on July 6.<\/p>\n

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