IMF Team In Town To Hold Talks On Bailout

IMF Team to hold talks on IMF Bailout have arrived in the Country.

Discussions on an economic programme that will be supported by the International Monetary Fund (IMF) to bail the country out of its current economic challenges are to be held this week.

A team from the IMF is expected to meet the government at the Peduase Lodge, where formal discussions are expected to open on the bailout negotiations.

A source at the Presidency told the Daily Graphic that the government was ready to negotiate with the IMF officials and expressed optimism about the outcome, although it declined to proffer details.

The Deputy Managing Director of the IMF, Min Zhu, had earlier, in a statement, announced that the fund had received a formal request from the country to initiate discussions on an IMF support programme for Ghana.

It said, “The fund stands ready to help Ghana address the current economic challenges it is facing.

Daily Graphic