{"id":1216230,"date":"2022-10-04T15:17:14","date_gmt":"2022-10-04T15:17:14","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/04\/fast-track-imf-negotiations-to-create-a-more-predictable-economic-outlook\/"},"modified":"2022-10-04T15:17:14","modified_gmt":"2022-10-04T15:17:14","slug":"fast-track-imf-negotiations-to-create-a-more-predictable-economic-outlook","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/04\/fast-track-imf-negotiations-to-create-a-more-predictable-economic-outlook\/","title":{"rendered":"Fast-track IMF negotiations to create a more predictable economic outlook"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Former President John Dramani Mahama fears further delay on the part of government to secure a deal with the International Monetary Fund will further worsen the country\u2019s economic situation.<\/p>\n<p>Ghana returned to the IMF for support after months of struggle with the economy and a cost of living crisis.<\/p>\n<p>The former President in a tweet said the economic situation is distressing.<\/p>\n<p>\u201cEvery passing day makes our economic situation worse\u201d.<\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Distressing! Every passing day makes our economic situation worse. Gov\u2019t must work with greater alacrity to lock in a programme with the Fund in order to create a more predictable economic outlook.<\/p>\n<p>\u2014 John Dramani Mahama (@JDMahama) <a href=\"https:\/\/twitter.com\/JDMahama\/status\/1577291987253972994?ref_src=twsrc%5Etfw\">October 4, 2022<\/a><\/p>\n<\/blockquote>\n<p>He urged government to \u201cwork with greater alacrity to lock in a programme with the Fund in order to create a more predictable economic outlook.\u201d<\/p>\n<p>The formal negotiations for a Fund-supported programme have begun, with the IMF team currently meeting government officials for a period of ten days.<\/p>\n<p>Talks have begun on a comprehensive debt sustainability analysis with the IMF for a US$3 billion support programme.<\/p>\n<p>Finance Minister, Ken Ofori-Atta on Wednesday, September 28, 2022, said government will fast-track negotiations with the International Monetary Fund (IMF) to ensure key aspects of the programme are reflected in the 2023 budget statement.<\/p>\n<p>Meanwhile, some economists have cast doubt on the possibility of concluding the IMF deal before the year ends.<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"yJq-sHnLwTA\"><iframe loading=\"lazy\" title=\"Ghana&#039;s Economy and the IMF: What should we expect? | The Point Of View\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/yJq-sHnLwTA?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Former President John Dramani Mahama fears further delay on the part of government to secure a deal with the International Monetary Fund will further worsen the country\u2019s economic situation. Ghana returned to the IMF for support after months of struggle with the economy and a cost of living crisis. The former President in a tweet [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1216231,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1216230","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1216230","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=1216230"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1216230\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1216230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1216230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1216230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}