Ato Forson predicts that Ghana will not receive an IMF agreement by the end of May; the earliest would be between July and August.

According to Dr. Cassiel Ato Forson, Ghana will not reach an agreement with the International Monetary Fund (IMF) by the end of May, as Finance Minister Ken Ofori-Atta predicted.

According to him, Ghana can conclude the deal no earlier than July or August.

In an interview with TV3, the Ejumako Enyan Essiam lawmaker stated, "You may have noticed that Ghana is still struggling to obtain an IMF program. The President came to Parliament to assure us that he would secure a deal by March, but I told him that it would not happen.

"I can confirm that it will not occur by the end of May; it will not occur. I will urge our Minister responsible for Finance to be honest with the people of Ghana and be forthright enough to state that yes, the timelines that we have are A, B, and C, but we cannot meet them. The commencement of the third quarter in July and August is the earliest."

Oda market women protest the relocation of the Assembly.

The Finance Minister, Mr. Ofori-Atta, previously stated that the government expected the Fund's board to approve the transaction by May of this year.

He told investors on the margins of the ongoing IMF/World Bank Spring Meetings in Washington, D.C., on Thursday, April 13: "We currently anticipate an IMF board approval in May and are considering a swift negotiation of a Memorandum of Understanding (MoU) with our creditors. We have made substantial endeavors on every front."

Moreover, he reassured the investors that the government had taken a number of measures to address the nation's financial difficulties.

As part of its efforts to secure an agreement with the International Monetary Fund (IMF), the country is restructuring its debt, he told investors on the sidelines of the ongoing IMF/World Bank Spring Meetings in Washington, D.C., United States.

He stated, "Ghana has done a number of things, including traveling to China, gaining support from India and Saudi Arabia, and maintaining an open relationship with the Paris Club.

"We did inform the Club that we were concerned about the track record of the common framework, we have a good relationship, we commend the Paris Club for their sense of urgency, and we are confident that they will be able to provide the Bank with assurances in the coming week."

In addition, he indicated that the government intends to strengthen ties with its external creditors.

"We reaffirm our commitment to working with our private and commercial creditors in all of our engagements," he emphasized.