The Finance Minister Dr. Mohammed Amin Adam is hopeful the International Monetary Fund (IMF) will approve the third tranche funding support of $360 million for Ghana after its review.
He expressed the optimism after government made a significant milestone in its debt restructuring journey with bilateral creditors.
The government has reached an agreement on a Memorandum of Understanding (MoU) with its Official Creditor Committee.
The agreement on the MoU will pave the way for the IMF to review Ghana’s performance under a 3 year economic support programme.
According to Dr. Amin Adam, Ghana has met all requirements which are crucial for the IMF to approve the third tranche funding for Ghana.
He made the statements at a press briefing in Accra on May 12, 2024.
He stressed that, government does not foresee any challenges in the coming days.
“We are very confident they will approve our second review because we have met all …