{"id":1192748,"date":"2022-08-28T11:46:12","date_gmt":"2022-08-28T11:46:12","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/08\/28\/were-ready-to-help-ghana-stabilize-economy\/"},"modified":"2022-08-28T11:46:12","modified_gmt":"2022-08-28T11:46:12","slug":"were-ready-to-help-ghana-stabilize-economy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/08\/28\/were-ready-to-help-ghana-stabilize-economy\/","title":{"rendered":"We&#8217;re ready to help Ghana stabilize economy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The International Monetary Fund (IMF) has expressed its willingness to help Ghana stabilize its economy.<\/p>\n<p>This was disclosed by the IMF\u2019s Managing Director, Kristalina Georgieva in a tweet after a meeting with the Finance Minister, Ken Ofori-Atta.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-877232 aligncenter\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/08\/IMF-1.png\" alt=\"\" width=\"338\" height=\"530\"  \/><\/p>\n<p>The IMF concluded a fact-finding mission to Ghana in July in which it met with key stakeholders like the Vice President, Finance Minister, and the Bank of Ghana.<\/p>\n<p>Ghana was recently <strong>downgraded by Fitch Ratings from B- to CCC.<\/strong><\/p>\n<p>The country\u2019s inflation rate also\u00a0<strong>hit 31.7 percent in the month of July 2022<\/strong>.<\/p>\n<p>Fitch\u00a0expects a deal with the IMF to be in place within six months.<\/p>\n<p>It also estimates that Ghana could benefit from as much as $3 billion and unlock budget support from other multilateral lenders.<\/p>\n<p><a href=\"https:\/\/www.youtube.com\/watch?v=\/LyOn8U1G0GQ\">https:\/\/www.youtube.com\/watch?v=\/LyOn8U1G0GQ<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) has expressed its willingness to help Ghana stabilize its economy. This was disclosed by the IMF\u2019s Managing Director, Kristalina Georgieva in a tweet after a meeting with the Finance Minister, Ken Ofori-Atta. The IMF concluded a fact-finding mission to Ghana in July in which it met with key stakeholders like [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1192750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[1963,85,718,14165],"class_list":["post-1192748","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-economy","tag-ghana","tag-ready","tag-stabilize"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1192748","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1192748"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1192748\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1192748"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1192748"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1192748"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}