FULL TEXT: Ken Ofori-Atta speaks on Ghana's economy amid IMF negotiations

The Ministry of Finance, Ken Ofori-Atta, and the Bank of Ghana have commenced discussions with the International Monetary Fund for an economic support programme.

In view of this, the finance minister has provided some updates on the ongoing negotiations which is expected to take place from September 26 to October 7, 2022.

Addressing journalists at a

Read full article.press briefing in Accra on September 28, Ken Ofori-Atta said a 5-member committee will lead the extensive stakeholder engagement.

He indicated that discussions are advancing smoothly and it will cover a period of 10 days. He further assured that the engagements will be done to protect Ghana's financial sector.

Meanwhile, a key prerequisite for an IMF programme will require a comprehensive Debt Sustainability Analysis (DSA).

The government says it is putting together a comprehensive post-COVID-19 economic programme which will form the basis for the IMF negotiations.

The potential IMF programme seeks to establish a macro-fiscal path that ensures debt sustainability and macroeconomic stability underpinned by key structural reforms and social protection.

Read Ken Ofori-Atta's full speech below: