{"id":109235,"date":"2023-10-11T10:43:39","date_gmt":"2023-10-11T10:43:39","guid":{"rendered":"https:\/\/www.ghanamma.com\/2023\/10\/11\/imf-bailout-quickly-agree-on-debt-relief-terms\/"},"modified":"2023-10-11T10:43:39","modified_gmt":"2023-10-11T10:43:39","slug":"imf-bailout-quickly-agree-on-debt-relief-terms","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2023\/10\/11\/imf-bailout-quickly-agree-on-debt-relief-terms\/","title":{"rendered":"IMF bailout: Quickly agree on debt relief terms"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Ministry of Finance has appealed to its bilateral creditors to quickly agree on the debt relief terms to help Ghana secure the second tranche of the $3 billion International Monetary Fund (IMF) bailout package.<\/p>\n<p>He expressed appreciation to the IMF for giving Ghana the needed support in its quest to help the economy to turn the corner.<\/p>\n<p>Mr Ofori-Atta in a tweet said, \u201c<span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">Great meeting with <\/span><span class=\"r-18u37iz\"><a class=\"css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0\" dir=\"ltr\" role=\"link\" href=\"https:\/\/twitter.com\/KGeorgieva\">@KGeorgieva <\/a><\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">during the <\/span><span class=\"r-18u37iz\"><a class=\"css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0\" dir=\"ltr\" role=\"link\" href=\"https:\/\/twitter.com\/hashtag\/IMFMeetings?src=hashtag_click\">#IMFMeetings<\/a><\/span><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">. Discussed recent achievement of SLA for first review. Grateful for strong IMF support, and calling on bilateral creditors to agree on debt relief terms as quickly as possible. <\/span><span class=\"r-18u37iz\"><a class=\"css-4rbku5 css-18t94o4 css-901oao css-16my406 r-1cvl2hr r-1loqt21 r-poiln3 r-bcqeeo r-qvutc0\" dir=\"ltr\" role=\"link\" href=\"https:\/\/twitter.com\/hashtag\/GhanaRising?src=hashtag_click\">#GhanaRising\u201d.<\/a><\/span><\/p>\n<p>The International Monetary Fund says it is waiting for the outcome of Ghana\u2019s engagement with its bilateral creditors before releasing the next tranche of the $3 billion facility.<\/p>\n<p>This was disclosed by the IMF Managing Director, Kristalina Georgieva, in a tweet on Wednesday after meeting Ghanaian officials to discuss the way forward.<\/p>\n<p>Ghana recently reached a staff-level agreement with the IMF following a review of the country\u2019s economic progress after the first tranche of $600 million was disbursed.<\/p>\n<p>Georgieva congratulated Ghana on securing the staff-level agreement.<\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Great meeting with <a href=\"https:\/\/twitter.com\/KGeorgieva?ref_src=twsrc%5Etfw\">@KGeorgieva<\/a> during the <a href=\"https:\/\/twitter.com\/hashtag\/IMFMeetings?src=hash&amp;ref_src=twsrc%5Etfw\">#IMFMeetings<\/a>. Discussed recent achievement of SLA for first review. Grateful for strong IMF support, and calling on bilateral creditors to agree on debt relief terms as quickly as possible. <a href=\"https:\/\/twitter.com\/hashtag\/GhanaRising?src=hash&amp;ref_src=twsrc%5Etfw\">#GhanaRising<\/a> <a href=\"https:\/\/t.co\/XVM0MSqN8h\">pic.twitter.com\/XVM0MSqN8h<\/a><\/p>\n<p>\u2014 Office of the Finance Minister-Ghana (@oofmghana) <a href=\"https:\/\/twitter.com\/oofmghana\/status\/1712036518519267750?ref_src=twsrc%5Etfw\">October 11, 2023<\/a><\/p>\n<\/blockquote><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Finance has appealed to its bilateral creditors to quickly agree on the debt relief terms to help Ghana secure the second tranche of the $3 billion International Monetary Fund (IMF) bailout package. He expressed appreciation to the IMF for giving Ghana the needed support in its quest to help the economy to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-109235","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF bailout: Quickly agree on debt relief terms - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2023\/10\/11\/imf-bailout-quickly-agree-on-debt-relief-terms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF bailout: Quickly agree on debt relief terms - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"The Ministry of Finance has appealed to its bilateral creditors to quickly agree on the debt relief terms to help Ghana secure the second tranche of the $3 billion International Monetary Fund (IMF) bailout package. 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