IMF Board approval

IMF Deal: Gov’t Can’t Have Kenkey Party Over Approval – Bokpin

IMF Deal: Gov’t Can’t Have Kenkey Party Over Approval – Bokpin

The government of Ghana cannot celebrate the approval of the $3billion bailout by the International Monetary Fund (IMF). He said on the News 360 on TV3 Wednesday, May 17 that “The IMF programme is going to work.” He further stated that the programme would impact Ghanaians negatively in the short term hoping that in the medium the benefits will manifest. “Ghana cannot have kenkey party over this because we have been there 16 times,” Prog Bokpin stressed. The Executive Board of the Fund unanimously approved Ghana’s $ 3 billion bailout on Wednesday, May 17 at a meeting in Washington after Ghana secured the Paris…
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Government Must Come Clean On Its Fiscal Measures Ahead Of IMF Board Approval – Mike Cobblah

Government Must Come Clean On Its Fiscal Measures Ahead Of IMF Board Approval – Mike Cobblah

Chief Executive Officer of C_Energy Ghana, Mike Cobblah, says as the country awaits an International Monetary Fund (IMF) board approval, the government should continually court investors’ confidence. He said this should be done through government’s transparency on measures being put in place to ensure that “by the time the IMF programme kicks in, we have put our house in order and the economy is on a certain trajectory to experience the kind of growth that we expect.” According to him, a failure to adequately address the uncertainties of investors on government’s fiscal measures would be injurious to government-investor relations in…
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