Ghana approaches IMF: Ghana’s president asks finance minister to begin talks with IMF

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

ACCRA, July 1 (Reuters) - Ghana's President Nana Akufo-Addo has authorized the country's finance minister to begin formal talks with the International Monetary Fund (IMF), the government said on Friday.

The cabinet indicated its support for the decision at a meeting on June 30, following a phone conversation between Akufo-Addo and the IMF’s Managing Director Kristalina Georgieva.

The West African country’s government has until now refused to seek IMF support to redress an economy crippled by rampant inflation, a depreciating currency and debt. The engagement will seek to provide balance of payment support as part of a broader effort to quicken Ghana’s recovery in the face of challenges induced by the pandemic and the Ukraine war, the statement said.

Hundreds took to the streets in Ghana’s capital Accra this week to protest against spiraling inflation and other woes, as citizens feel the pinch of price hikes amid government efforts to redress the situation.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

ɪ'ᴍ ɴᴏ ᴇxᴘᴇʀᴛ ɪɴ ᴛʀᴀᴅɪɴɢ ʙᴜᴛ ɪ ʜᴀᴅ ɢᴏᴏᴅ ɢᴜɪᴅᴀɴᴄᴇ ᴡɪᴛʜ mamats38 ᴀɴᴅ ʜer ᴛᴇᴀᴍ, ɪᴛ'ꜱ ʙᴇʏᴏɴᴅ ᴇʏᴇ ᴏᴘᴇɴɪɴɢ, ᴡɪᴛʜ ᴛʜᴇꜱᴇ ᴛᴇᴀᴄʜɪɴɢꜱ ᴀɴᴅ ᴛʀᴀᴅɪɴɢ ꜱᴋɪʟʟ, I'ᴠᴇ ʜᴀᴅ ɴᴏᴛʜɪɴɢ ʙᴜᴛ ᴄᴏɴᴛɪɴᴜᴇᴅ ꜱᴜᴄᴄᴇꜱꜱ.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Healthtech Company Launches Data-driven Insights Platform for Pharmacies in Ghana - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsmPharma, a healthcare technology company, has launched a new customer-centric product, Facility Insights, on its proprietary data management and pharmacy transformation tool, Bloom. The product will provide Pharmacy owners with tailored data-driven pharmacy insights to solve operational problems and make more informed pharmacy management decisions. Facility Insights is now launched in 300+ pharmacies across Ghana, […]
Källa: ITNewsAfrica - 🏆 27. / 59 Läs mer »