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Govt to meet IMF board over bailout – Finance Minister hints

The Finance Minister Ken Ofori-Atta has disclosed that government is preparing to meet the board of the International Monetary Fund later this month.

A team from the IMF led by Joël Toujas-Bernaté, earlier visited Accra on the 10th of February this year to welcome the government’s intention to conduct a full audit of outstanding obligations under the External Credit Facility (ECF).

Ghana entered into the ECF facility with the Fund for a total of 918 million over a three year period in 2015.

The fund in January 2016 approved a third disbursement of $114.6 million for Ghana.

Speaking at partnership programme for growth with officials from the American Embassy, Mr. Ofori-Atta was optimistic the meeting will be fruitful.

more soon

Source: 3news.com | Ghana

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