fbpx
Monday, July 14, 2025
  • HOME
  • ENTERTAINMENT
  • SPORTS
  • LIFESTYLE
  • BUSINESS
  • GENERAL NEWS
  • POLITICS
  • WORLD NEWS
  • TV
  • RADIOS
  • CONTACT US
  • OUR SHOP
No Result
View All Result
Kumasi Online Tv
Kumasi Online Tv
  • HOME
  • ENTERTAINMENT
  • SPORTS
  • LIFESTYLE
  • BUSINESS
  • GENERAL NEWS
  • POLITICS
  • WORLD NEWS
  • TV
  • RADIOS
  • CONTACT US
  • OUR SHOP
KUMASI ONLINE TV
No Result
View All Result
ADVERTISEMENT
Home GENERAL NEWS

Ghana-IMF $3bn Deal To Be Finalised Before End Of Year – IMF Boss

Kumasi Online by Kumasi Online
6th September 2022
in GENERAL NEWS
0
15
SHARES
127
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp
ADVERTISEMENT

The Managing Director of the International Monetary Fund, Kristalina Georgieva, has stated that a deal between Ghana and the IMF should be reached and finalized before the end of the year.

In a closed door meeting with President Nana Addo Dankwa Akufo-Addo, on Monday, 5th September 2022, on the sidelines of the Africa Adaptation Summit, in Rotterdam, Netherlands, the IMF boss told President Akufo-Addo “we understand the urgency, and we will move as quickly as possible.”

Describing Ghana as a “superb country”, she reiterated the determination of the Fund to work with Government and the Ministry of Finance, and ensure that an agreement is in place before the end of the year.

On his part, President Akufo-Addo indicated to the IMF boss that a lot of work has been done by Cabinet and the Ministry of Finance, and the document to be presented by the Ghana side “is ready for the scrutiny of the IMF.”

ADVERTISEMENT

Meanwhile, Kristalina Georgieva has emphasized that Ghana’s current economic challenges are not locally generated but from external shocks.
Speaking on the sidelines of the Fund’s engagements with the Ghanaian delegation, Kristalina Georgieva stated that, contrary to the narrative from some opposition elements that Ghana is not in these challenges because of any bad policies of the Akufo-Addo administration, the IMF boss stated that the factors are exogenous.

“We have started very constructive discussions already and to the people of Ghana, like everybody on this planet, you have been hurt by exogenous shocks” she said.

She mentioned the extraneous factors which have contributed to Ghana’s economic woes, leading to the West African country seeking a programme from the IMF.

“First the pandemic, then Russia’s war in Ukraine. We need to realize that it is not because of bad policies in the country but because of this combination of shocks, and, therefore, we have to support Ghana”, she said.

She also indicated that Ghana is a member of the IMF, “a strong country with fantastic people”, and as such it is incumbent on the Fund to lend the country support.

Kristalina Georgieva also indicated “we have to support Ghana because your strength contributes to the strength of your neighbours; it contributes to a stronger world”

ADVERTISEMENT

Ghana is before the IMF for $3 billion to help the country navigate through the hostile economic crisis it finds itself in as a result of the adverse effects of the deadly coronavirus pandemic and the ongoing conflict between Russia and Ukraine.

President Akufo-Addo has stated, on occasion, that “we have decided to seek the collaboration of the International Monetary Fund (IMF) to repair, in the short run, our public finances, which have taken a severe hit in very recent times as a result, whilst we continue to work on the medium to long-term structural changes that are at the heart of our goal of creating a Ghana Beyond Aid, that is building a resilient, robust Ghanaian economy.”

SEND A STORY: Do you have a story for us or need a promotion / advertisement? Submit them via our email dannyboy744@gmail.com and via on +233 266777777

Previous Post

NAM 1 Docket Ready -Attorney General

Next Post

Akufo-Addo Must Resign If He Can’t Fire Anyone For This Aisha Huang Embarrassment

Related Posts

GENERAL NEWS

Bawumia: The NPP deserves another term.

26th August 2024
GENERAL NEWS

NPP’s 2024 Manifesto [Full Text]

19th August 2024
GENERAL NEWS

Airbus Scandal: OSP Claims Mahama To Be The “Government Official 1,” But Clarifies Any Misconduct

8th August 2024 - Updated on 9th August 2024
GENERAL NEWS

Ambulance case: “Do not appeal the ruling; you will be further disgraced.” Haruna Iddrisu says

30th July 2024
GENERAL NEWS

In honour of his 64th birthday, Hon. Ken Agyapong makes a sizable donation

17th June 2024 - Updated on 30th July 2024
GENERAL NEWS

The Supreme Court ends the anti-LGBTQI bill case without a decision.

8th May 2024
Next Post

Akufo-Addo Must Resign If He Can’t Fire Anyone For This Aisha Huang Embarrassment

Confirmed: Daniel Afriyie Barnieh Earns Black Stars Call Up For Upcoming International Friendlies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

SUBSCRIBE TO OUR CHANNEL

LISTEN LIVE

PLACE YOUR ADVERT HERE

ENROLL NOW +233 550623377

LAST TWEETS




KUMASI ONLINE GH




KOBOKOBO (SEASON 1) EP 1
KOBOKOBO (SEASON 1) EP 2
KOBOKOBO (SEASON 1) EP 3
KOBOKOBO (SEASON 1) EP 4
KOBOKOBO (SEASON 1) EP 5
KOBOKOBO (SEASON 1) EP 6
KOBOKOBO (SEASON 1) EP 7
KOBOKOBO (SEASON 1) EP 8
KOBOKOBO (SEASON 1) EP 9
  • Blog
  • Privacy
  • Advertisement
  • Contact

Connect With Us Online Sales: 0208115183 | 0266777777 | Ads Dept: +233 550623377 © 2017-2024 All Rights Reserved Kumasi Online Ghana .

No Result
View All Result
  • HOME
  • ENTERTAINMENT
  • SPORTS
  • LIFESTYLE
  • BUSINESS
  • GENERAL NEWS
  • POLITICS
  • WORLD NEWS
  • TV
  • RADIOS
  • CONTACT US
  • OUR SHOP

Connect With Us Online Sales: 0208115183 | 0266777777 | Ads Dept: +233 550623377 © 2017-2024 All Rights Reserved Kumasi Online Ghana .

Verified by ExactMetrics