Stéphane Roudet

Ghana’s Economy Showing Signs Of Recovery- IMF Staff Mission
16 Jun

Ghana’s Economy Showing Signs Of Recovery- IMF Staff Mission

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The International Monetary Fund (IMF) has indicated that Ghana’s economy is showing signs of recovery after it secured the Fund-Supported programme approved on May 17, 2023. This was captured in a statement issued by the IMF after its Staff Mission led by Stephane Roudet, visited Ghana from June 8 to June 15, 2023. The visit, according to the IMF, was part of its regulator engagements with Ghanian authorities and other stakeholders. Its Mission Chief, Stephane Roudet, in a statement noted that “the Ghanaian economy is showing signs of stabilisation, with softening inflation, an increase in international reserves, and a less…
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Economy Responding Positively; We Will Leverage That To Get ‘Programme’ Approval From Board – Government, IMF Mission Team
13 Dec

Economy Responding Positively; We Will Leverage That To Get ‘Programme’ Approval From Board – Government, IMF Mission Team

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The Government of Ghana and the International Monetary Fund are eager to leverage the positive response of the economy through the Staff-Level Agreement to get a board approval from the IMF Executive Board. In a joint statement signed by Finance Minister, Ken Ofori-Atta and leader of the IMF Mission team, Stéphane Roudet, they expressed optimism that the 2023 Budget adjustment strikes the right balance between determination and pragmatism. “Already, the economy is responding positively to the news of Government of Ghana and the IMF reaching an SLA [Staff-Level Agreement] and we are eager to leverage this momentum to the very…
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IMF Indicates Commitment In Reaching Agreement On Framework, Policies With Ghana
21 Oct

IMF Indicates Commitment In Reaching Agreement On Framework, Policies With Ghana

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The International Monetary Fund (IMF) has indicated it is fully committed to reaching an agreement on a framework and policies for an IMF-supported programme as soon as feasible. This follows the conclusion of a meeting between the Fund, led by Stéphane Roudet, and the Finance Minister, Ken Ofori-Atta; the Governor of the Bank of Ghana, Dr Ernest Addison, and other team members. It, however, did not indicate when the framework and policies for an IMF-supported programme will be announced. In a statement issued by Stéphane Roudet, the Fund said, “we made good progress in identifying specific policies that would restore…
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IMF Team Arrives September 26 To Continue Discussions With Government Over Programme
26 Sep

IMF Team Arrives September 26 To Continue Discussions With Government Over Programme

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An International Monetary Fund (IMF) staff team, led by Stéphane Roudet, Mission Chief for Ghana, will arrive in Accra tomorrow September 26, 2022 and continue discussions with government on policies and reforms that could be supported by a Fund lending arrangement. The team will also further engage with other stakeholders including the Bank of Ghana, Parliament, business associations and civil society groups during the visit. The discussions with government and other stakeholders will end on October 7, 2022. This is coming after the downgrade of Ghana’s credit to further junk status by rating agency, Fitch. Fitch downgraded Ghana’s Long-Term Local-…
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