The Finance Minister, Ken Ofori-Atta, has clarified that government is not pulling out of the International Monetary Fund (IMF) programme.
This clarification was necessitated after President Akufo-Addo responded to a question asked him during his maiden ‘Meet the Press’ encounter held on 18th July 2017 at the Flagstaff House, where he mentioned "there is no question of the IMF programme being extended. It is coming to an end next year with the budget that we are going to prepare."
However this seems to have been misconstrued.
In a statement from the Finance Ministry, "The government will like to reiterate and clarify the President’s statement at the first “Meet the Press” held on 18th July, 2017 where he mentioned that Ghana wouldn’t enter a new deal with the IMF beyond the current programme. In response to a question, the President stated that “there’s no question of the IMF programme being extended. It is coming to an end next year with the budget that we are going to prepare”. This statement has unfortunately been misrepresented by some sections of the media."
"The government will like to clarify that, Ghana will complete the IMF programme through our budget cycle of January 2018 through December 2018 as stated by the President. The 2018 budget will therefore be the last budget under the current IMF program. After the completion of the program at the end of the budget cycle in December 2018, government will not extend it. The President’s remarks should, therefore, not be interpreted to mean that government is pulling out of the IMF programme. On the contrary, government will continue with and complete the IMF program through the budget cycle of January 2018 through December 2018."
Source: Peacefmonline.com
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Nobody taa ne dooo run away, massa simple, Akuffo Adoo is not on top of issues and by the way when did Dr, Borrowmia become a stammerer on Ghana's debt.
Confusion no ay3 basaa. Is the IMF program ending in April 2018 as contained in the original agreement all will be extended to December 2018. Why was it necessary for the finance minister to come and explain what the president who is not on top of economic and financial matters in the country to write a long letter to explain. Those of you who are blinded with your partisan politics will see nothing wrong about this situation. Aputoooor PRESIDENTIAL encounter turned into GOVERNMENT encounter WHY DIDN'T THE PRESIDENT ASK OTHER MINISTERS TO ANSWER QUESTIONS ASKED HIM THAT PERTAINED TO THEIR SECTOR MINISTRIES. Agya Akufo Addo asa k3k3!!!
So why can't some people read before commenting....what is that? We have too many ffffoool$ in this country
Ghanaian Media and their propagandist, the President said the IMF programme is coming to an end 2018 April and we as a Country and gov't will NOT EXTEND the IMF programme finished .
The only person who is confused is you and your bitter losing party NDC . You people can't read so you do not understand simple English which the President spoke. Stop turning and twisting words of people NDC blockheadss...
Confused Government, so who is in charge of the Nation Ghana? Kwaku Burgar Akufo Addo or the Finance Minister? Confusion here Confusion there Confusion everywhere