At the Minister's Press Briefing series in Accra, Ghana's Finance Minister Ken Ofori-Atta is speaking to journalists.

He is anticipated to give updates on the Ghanaian economy, which is currently applying for an IMF economic assistance program.

Ghana is currently in formal discussions with the International Monetary Fund over a package of economic assistance.

Once an agreement is struck, the nation hopes to receive $3 billion from the Bretton Woods institution.

The worsening economic situation compelled the government in July to initiate contact with IMF for an economic support programme.

Government hopes to complete negotiations by end of this year to receive the funds in the first quarter of 2023.