Governor Addison sees off IMF MD after fruitful 2-day visit to Ghana
The IMF Managing Director, Kristalina Georgieva departed Accra on Monday, 18th March 2024, after a fruitful two-day visit to Ghana.
She was seen off by the Governor of Bank of Ghana, Dr. Ernest Addison, the First and Second Deputy Governors of the Bank as well as the IMF Resident Representative in Ghana.
While in the country Ms Georgieva met with President Akufo-Addo and gave Ghana’s economic recovery a thumbs up.
At a meeting with President Nana Akufo-Addo, she praised: “Your growth is better than expected, your inflation is lower than expected, the progress in debt restructuring has been faster than expected and now the task is to cement what has been achieved and do it with the unity of this country”.
She added: “It is the year to bring confidence in Ghana domestically and internationally at the level it was before”.
“It is possible because we are seeing a world slightly better, so the economic attributes are better, and the critical resource of money will go where confidence in the capacity to perform is highest”, the IMF boss explained.
“So, Ghana can be in this place, as it was before. We need to stay the course, Ghana has achieved in a short time of the programme – good indicators”, Ms Georgieva noted.
For his part, President Akufo-Addo said the IMF programme has yielded dividends.
“The dire circumstances in which we were at the time that we took that very difficult decision and where we are today is a very clear testimony that our decision to seek your support is a decision that was correct, and we have had some benefits from it”, he said.
Trending Business
Newmont appoints mining industry veteran Francois Hardy as CTO
10:32IMF ‘more confident’ of taking Ghana prog. to Board in June
10:04'Only a miracle can save cedi' – Forex Bureaux Association says, 'We're not doing things right'
09:36Debt Restructuring: Government to reach agreement with IPPs in May
08:30Fuel prices won’t cross ¢18-mark – CBOD assures consumers
14:38A/R: Relocating us'll jeopardise our business – Angry Kwadaso Onion Market traders on eviction
12:222023: Zenith Bank bags ¢1.02bn profit, assets hit ¢13.86bn
11:00Our economy on the path of stability – Amin Adam
10:36We’re optimistic of securing 3rd IMF tranche – Amin Adam
10:36Kyerematen: 2 percent special import levy tax rip-off
07:33