{"id":1264591,"date":"2022-12-13T11:18:33","date_gmt":"2022-12-13T11:18:33","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/12\/13\/government-and-imf-to-announce-staff-level-agreement-today\/"},"modified":"2022-12-13T11:18:33","modified_gmt":"2022-12-13T11:18:33","slug":"government-and-imf-to-announce-staff-level-agreement-today","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/12\/13\/government-and-imf-to-announce-staff-level-agreement-today\/","title":{"rendered":"Government and IMF to announce staff-level agreement today"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/12\/IMF_GH_nana_addo.jpg\" \/><\/p>\n<div id=\"article-text\">\n<p>Government and the International Monetary Fund (IMF) will announce a staff-level agreement today, Tuesday, December 13.<\/p>\n<p>The Ministry of Finance announced this in a post on Monday.\u00a0<\/p>\n<p>According to the post, a joint press conference will be held at 10am.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"zxx\" dir=\"ltr\"><a href=\"https:\/\/t.co\/YbKVx54nmK\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/YbKVx54nmK<\/a><\/p>\n<p>\u2014 Ministry of Finance, Ghana (@MoF_Ghana) <a href=\"https:\/\/twitter.com\/MoF_Ghana\/status\/1602423471006433281?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 12, 2022<\/a><\/p><\/blockquote>\n<p>After this, the IMF board will subsequently negotiate and probably approve a programme for the country.<\/p>\n<p>In recent days, the cedi has been improving in value against the US dollar, sending a signal that a deal between Ghana and the Fund could be reached soon.<\/p>\n<p>The government also began restructuring the country\u2019s debt from Monday, December 5, a major step in reaching a deal with the IMF to start a programme. The Debt Exchange Programme started with domestic debt.<\/p>\n<p>A visiting IMF team led by St\u00e9phane Roudet, Mission Chief for Ghana, has been in the country since December 1, to continue discussions with Ghanaian authorities on the country\u2019s post-COVID-19 programme for economic growth and associated policies and reforms that could be supported by a new IMF lending arrangement.<\/p>\n<p>Ghana retuned to the IMF for support in July 2022 to enable the country meet its\u00a0payments\u00a0to the rest of the world and restore the health of government finances.<\/p>\n<p>It is the second time in the\u00a0past three years,\u00a0and\u00a017th since independence\u00a0in 1957 that Ghana has turned to the IMF for help.<\/p>\n<p><strong>DISCLAIMER: <\/strong>The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.<\/p>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government and the International Monetary Fund (IMF) will announce a staff-level agreement today, Tuesday, December 13. The Ministry of Finance announced this in a post on Monday.\u00a0 According to the post, a joint press conference will be held at 10am. pic.twitter.com\/YbKVx54nmK \u2014 Ministry of Finance, Ghana (@MoF_Ghana) December 12, 2022 After this, the IMF board [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1264592,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1264591","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\/1264591","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=1264591"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1264591\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1264591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1264591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1264591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}