Finance Minister reaffirms commitment to IMF programme, debt restructuring

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Finance Minister Dr. Cassiel Ato Forson has reiterated the government’s commitment to meeting the conditions of the International Monetary Fund (IMF) programme and ensuring the successful completion of Ghana’s debt restructuring efforts.

During a meeting with the German Ambassador to Ghana, Daniel Krull, Dr. Forson acknowledged that Ghana had previously missed some structural benchmarks under the IMF programme but assured that steps are being taken to address the gaps.

“We have taken concrete steps to correct the structural benchmarks that were missed under the previous government, and the results will soon be evident,” he stated.

On Ghana’s ongoing debt restructuring, Dr. Forson highlighted the significant progress made and stressed that the focus is now on finalizing bilateral agreements with external creditors.

He called for Germany’s support in expediting the process, emphasizing that securing these agreements is critical for Ghana’s economic recovery.

Ambassador Krull commended the government’s efforts, describing the discussions as insightful. He also reaffirmed Germany’s readiness to proceed with signing the necessary bilateral agreements to support Ghana’s financial stability.

Ghana’s collaboration with the IMF is part of broader efforts to restore macroeconomic stability and ensure sustainable growth. The government remains optimistic that ongoing reforms and international support will help place the country on a stronger economic path.

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