{"id":1223697,"date":"2022-10-13T16:17:50","date_gmt":"2022-10-13T16:17:50","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/13\/ofori-atta-describes-g7-meeting-with-african-finance-ministers-as-historic\/"},"modified":"2022-10-13T16:17:50","modified_gmt":"2022-10-13T16:17:50","slug":"ofori-atta-describes-g7-meeting-with-african-finance-ministers-as-historic","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/13\/ofori-atta-describes-g7-meeting-with-african-finance-ministers-as-historic\/","title":{"rendered":"Ofori-Atta describes G7 meeting with African Finance Ministers as historic"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"558\" height=\"349\"  alt=\"\" title=\"Ofori-Atta Ken\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/Ofori-Atta-Ken.png\" data- class=\"entry-thumb td-modal-image lazyload\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"558\" height=\"349\" class=\"entry-thumb td-modal-image\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/Ofori-Atta-Ken.png\"   alt=\"\" title=\"Ofori-Atta Ken\"\/><\/noscript><\/div>\n<p><strong>Ghana\u2019s Finance Minister Ken Ofori-Atta has described the meeting between African Finance Ministers and the G7, an informal grouping of seven of the world\u2019s advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom, the United States and the European Union, as historic.<\/strong><\/p>\n<p>He says this is the first time the first time the G7 has called\u00a0African Finance Ministers\u00a0to deliberate on the crisis that they see.<\/p>\n<p>Representatives from Ghana, Tunisia, Morocco, Senegal were all at the meeting to meeting.<\/p>\n<p>Speaking in an exclusive interview with TV3\u2019s Sani\u00a0Abdul-Rahman, Ghana\u2019s\u00a0Finance Minister Ken Ofori-Atta\u00a0described the meeting as historic because this is the first time\u00a0African Finance Ministers\u00a0have been invited to for such discussions.<\/p>\n<p>Mr Ofori-Atta said \u201cIt was actually quite a historic meeting because for the first time the G7 has called\u00a0African Finance Ministers\u00a0to deliberate on the crisis that they see.<\/p>\n<p>\u201cThe trues that these are exogenous factors that have really, even their own economies put it under serious stress and are therefore, looking for ways in which they can add to the capital needs to make sure that things do not deteriorate. So countries such as Ghana, Senegal, Tunisia, Morocco were there.\u201d<\/p>\n<p>He added \u201cThe empathy is clear, the need to [introduce] something new and therefore, their interest in encouraging the world Bank to find more resource, tapping into the private sector\u00a0 so that they will stabilize where things are going.<\/p>\n<p>\u201cThey have reduced growth rate to 2.7 per cent expecting a grim and difficult period, they don\u2019t want to make sure that things deteriorate from liquidly to insolvency to chaos.\u201d<\/p>\n<p>The meeting brings together central bankers, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations and academics to discuss issues of global concern, including the world economic outlook, poverty eradication, economic development, and aid effectiveness.<\/p>\n<p>Also featured are seminars, regional briefings, press conferences, and many other events focused on the global economy, international development, and the world\u2019s financial system.<\/p>\n<p><strong>By Laud Nartey|3news.com|Ghana<\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ghana\u2019s Finance Minister Ken Ofori-Atta has described the meeting between African Finance Ministers and the G7, an informal grouping of seven of the world\u2019s advanced economies: Canada, France, Germany, Italy, Japan, the United Kingdom, the United States and the European Union, as historic. He says this is the first time the first time the G7 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1223699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[461,2269,457,2594,458,1477,2089],"class_list":["post-1223697","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-african","tag-describes","tag-finance","tag-historic","tag-meeting","tag-ministers","tag-oforiatta"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1223697","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=1223697"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1223697\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1223697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1223697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1223697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}