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The government has affirmed that it remains committed to the goal of reaching a Staff-Level Agreement with the International Monetary Fund by the end of the year.<\/p>\n
With this objective in mind, it pointed out, in a statement that negotiations will continue, with the IMF Mission Team expected in Accra in the next few weeks.<\/p>\n
This is coming after a government delegation successfully concluded a trip to Washington D.C., to attend the Annual Meetings of the World Bank and International Monetary Fund (IMF or the Fund); and continue negotiations for IMF support for Ghana\u2019s Post-Covid Programme for Economic Growth.<\/p>\n
\u201cA pathway towards fiscal sustainability has also been extensively discussed, and the Government of Ghana and the IMF remain fully committed to the goal of reaching a Staff-Level Agreement on a Programme, within the shortest possible time\u201d.<\/p>\n
It said the Annual Meetings concluded successfully with a renewed sense of urgency for countries to rally together to bolster the global economy, in light of the dim outlook for advanced and frontier markets alike.<\/p>\n
\u201cThe Delegation also had several positive and encouraging engagements with the World Bank, Bilateral Partners, US State Officials, and External Investors\u201d, it stressed.<\/p>\n
It explained that \u201cseveral meetings were held between the Government of Ghana and the IMF, advancing negotiations towards a Fund-supported Programme\u201d. Adding \u201ca clear path towards the final details of a Programme has been agreed upon by both parties, with the goal of reaching a Staff-Level Agreement by the end of the year\u201d.<\/p>\n
The government thanked the IMF, the World Bank, its Bilateral Partners, and External Investors, for their continued support.<\/p>\n
Furthermore, the Ministry of Finance and the Bank of Ghana thank the people of Ghana for their forbearance in what is undoubtedly a troubling and challenging time for our<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
The government has affirmed that it remains committed to the goal of reaching a Staff-Level Agreement with the International Monetary Fund by the end of the year. With this objective in mind, it pointed out, in a statement that negotiations will continue, with the IMF Mission Team expected in Accra in the next few weeks. […]<\/p>\n","protected":false},"author":1,"featured_media":1212635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[13162,3449,5951,1090,3074,8618,27797],"class_list":["post-1230924","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-affirm","tag-agreement","tag-commitment","tag-government","tag-imf","tag-reaching","tag-stafflevel"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1230924","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=1230924"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1230924\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1230924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1230924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1230924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}