The meeting between International Monetary Fund (IMF) staff team, led by Carlo Sdralevich, mission chief for Ghana, and government officials is underway in Accra.
The meeting is expected to be held for seven days.
The meeting is between the IMF team, the Finance Ministry, and the Bank of Ghana.
The Government of Ghana on Friday, July 1 announced that it was seeking support from the IMF.
This followed a telephone conversation between the President and the IMF Managing Director, Miss Kristalina Georgieva, conveying Ghana’s decision to engage with the Fund, a statement by the Ministry of Information said.
Accordingly, the IMF team led by Mr. Sdralevich arrived in the country on Tuesday July 5.
In a statement Mr. Sdralevich said “On the basis of a request from the Ghanaian authorities, an IMF staff team will in the coming days kick-start discussions on a possible program to support Ghana’s homegrown economic policies. We are at an early stage in the process, given that detailed discussions are yet to take place.”
“The IMF stands ready to assist Ghana to restore macroeconomic stability, safeguard debt sustainability, and promote inclusive and sustainable growth, and address the impact of the war in Ukraine and the lingering pandemic.”
“We are looking forward to our engagement with the authorities in Accra,” the Fund said.