Ghana negotiations with IMF to be fast-tracked: finance minister - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Ghana’s negotiations with the International Monetary Fund over a rescue package will be fast-tracked, the country’s Finance Minister Ken Ofori-Atta said on Wednesday.

Ghanaians gather in the streets on the second day of protests over recent economic hardships, in Accra, Ghana, June 29, 2022.Ghanaians gather in the streets on the second day of protests over recent economic hardships, in Accra, Ghana, June 29, 2022.

Ghana began talks with the Fund on Monday for an IMF-supported lending programme in a bid to reduce economic hardship that spurred street protests. “Negotiations will be fast-tracked to ensure the key aspects of the programme are reflected in the 2023 annual budget statement in November 2022,” Ofori-Atta said at a press briefing.

The IMF staff team is discussing policies and reforms with officials in Ghana after the West African country requested a loan from the Fund in July.IMF staff will visit Accra from September 26 – October 7 to continue discussions with the Ghanaian officials on policies and reforms that could be supported by an IMF lending arrangement.

 

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Isn't ironic? Over the weekend Ghana with South Africa launched AfricanProsperityFund but here's a report of them seeking financial rescue. How did they find the launched fund

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Nothing good is coming from this, more woes for Ghana

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