\n
Significant progress has been made in the implementation of the International Monetary Fund (IMF) programme, the Minister of Finance Dr Mohammed Amin Adam has said.<\/strong><\/p>\nHe said the progress has so far translated into improved macroeconomic stability with great signs of economic recovery emerging.<\/p>\n
\u201cThis is good for promoting business growth and moderating the household\u2019s cost of living,\u201d he said at a town hall meeting in Accra on Tuesday, August 6.<\/p>\n
He assured that the \u201cGovernment is committed to stay the course on the implementation of the IMF-supported programme to ensure that we fully achieve programe objectives to better the lives of Ghanaians.<\/p>\n
\u201cWe call on all key stakeholders including your good self to support government in the implementation of the PC-PEG.\u201d<\/p>\n
Dr Amin Adam further rendered an apology to Ghanaians for the hardships imposed on them by the Domestic Debt Exchange Programme (DDEP).<\/p>\n
He stated that the programme was carried out as one of the requirements for the programme with the International Monetary Fund (IMF).<\/p>\n
The Karaga lawmaker stated that it was not the intention of the government to visit hardship on the people.<\/p>\n
Addressing a town hall meeting in Accra on Tuesday, August 6, he said \u201cWe decided to restructure our debts because it was one of the requirements by the IMF. We started with the domestic debt exchange programme, the domestic debt exchange programme was very successful, achieving 95 percent participation. On this note, I would like to appeal to the people of this country to forgive us.<\/p>\n
\u201cIt is never the intention of any government to impose hardships on its people, more so the NPP government that has demonstrated that we want to reduce the burden of the Ghanaian people. \u201d<\/p>\n
He added \u201cIt was a necessary, important decision at the time. If we had avoided it our development or economy would not be what it is today. All the support you gave us during the DDEP has contributed largely to the recovery our economy is seeing today.<\/p>\n
\u201cThis is why I want to appeal to you to forgive us but also to thank you on behalf of the president for the sacrifices, for the efforts that you all have made to participate in the DDEP.\u201d<\/p>\n
The Finance Ministry had stated earlier that the DDEP was done to help protect the economy and enhance our capacity to service our public debts effectively.<\/p>\n
The alternative of not executing the DDEP would have brought grave disorder in the servicing of our national debt and exacerbated the current economic crisis, the Ministry said.<\/p>\n
The programme initially sought to exchange GH\u00a2137.3 billion worth of Government of Ghana (GoG) bonds for new ones but later revised to GH\u00a2109.84 billion, with the government seeing the voluntary exchange of GH\u00a287 billion; which was considered successful.<\/p>\n
3 news.com <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Significant progress has been made in the implementation of the International Monetary Fund (IMF) programme, the Minister of Finance Dr Mohammed Amin Adam has said. He said the progress has so far translated into improved macroeconomic stability with great signs of economic recovery emerging. \u201cThis is good for promoting business growth and moderating the household\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":206939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-206938","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"\n
Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013 - 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\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Significant progress has been made in the implementation of the International Monetary Fund (IMF) programme, the Minister of Finance Dr Mohammed Amin Adam has said. He said the progress has so far translated into improved macroeconomic stability with great signs of economic recovery emerging. \u201cThis is good for promoting business growth and moderating the household\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-08-07T11:42:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/08\/Amin-Adam-and-IMF-boss.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013\",\"datePublished\":\"2024-08-07T11:42:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/\"},\"wordCount\":476,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Amin-Adam-and-IMF-boss.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/\",\"name\":\"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Amin-Adam-and-IMF-boss.jpg\",\"datePublished\":\"2024-08-07T11:42:36+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Amin-Adam-and-IMF-boss.jpg\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/Amin-Adam-and-IMF-boss.jpg\",\"width\":600,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/08\\\/07\\\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/","og_locale":"en_US","og_type":"article","og_title":"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013 - Ghanamma.com","og_description":"Significant progress has been made in the implementation of the International Monetary Fund (IMF) programme, the Minister of Finance Dr Mohammed Amin Adam has said. He said the progress has so far translated into improved macroeconomic stability with great signs of economic recovery emerging. \u201cThis is good for promoting business growth and moderating the household\u2019s […]","og_url":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/","og_site_name":"Ghanamma.com","article_published_time":"2024-08-07T11:42:36+00:00","og_image":[{"width":600,"height":400,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/08\/Amin-Adam-and-IMF-boss.jpg","type":"image\/jpeg"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013","datePublished":"2024-08-07T11:42:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/"},"wordCount":476,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/08\/Amin-Adam-and-IMF-boss.jpg","articleSection":["Business"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/","url":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/","name":"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/08\/Amin-Adam-and-IMF-boss.jpg","datePublished":"2024-08-07T11:42:36+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/08\/Amin-Adam-and-IMF-boss.jpg","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/08\/Amin-Adam-and-IMF-boss.jpg","width":600,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/08\/07\/govt-is-committed-to-stay-the-course-on-implementation-of-the-imf-programme-finance-minister\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Govt is committed to stay the course on implementation of the IMF programme \u2013 Finance Minister \u2013"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/206938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=206938"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/206938\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/206939"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=206938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=206938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=206938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}