To God be the glory! – Ofori-Atta exclaims as IMF announces deal

Finance Minister Ken Ofori-Atta

Minister of Finance Kenneth Nana Yaw Kuntunkunuku Ofori-Atta has expressed gratitude to the “indefatigable” team of the International Monetary Fund (IMF) in reaching a staff-level agreement with Ghana for a $3-billion extended credit facility.

He also thanked the President and the Vice President as well as his deputies for the hardwork put in the past five months to secure such a “historic” agreement within a short period.

Mr Ofori-Atta was speaking on Tuesday, December 13 at a joint press conference with the IMF following the reaching of the staff-level agreement.

At the conference, the IMF, represented by Mission Chief Stéphane Roudet, admitted that Ghanaian authorities have committed to a wide-ranging economic reforms to make the programme successful.

But Mr Roudet said sufficient assurances are still needed on some areas, particularly on debt restructuring, to goad the Management and Executive Board to approve the programme.

The Finance Minister pledged the country’s commitment to honour its part of the bargain to make the programme successful.

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He was, consequently, grateful to God for the development.

“Indeed, to God be the glory, for these great things He has done within five months,” Mr Ofori-Atta told journalists and all gathered at the press conference.

“I am certain that He who began a good work will continue until it is finally finished.

“Greater things I believe He will do and let us all gather the harvest with joy. These indeed are both times for a Joseph recovery and also a Nehemiah rebuilding.”


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