On Monday, September 26, 2022, the Ghanaian government and the International Monetary Fund started talking.

The administration claims that a thorough Debt Sustainability Analysis (DSA), a crucial prerequisite for obtaining an IMF-supported program, is currently under way.

To make sure Ghana's debt is managed in a sustainable way, this is a crucial prerequisite.

The government of Ghana is putting together a thorough post-Covid-19 economic blueprint, which would serve as the foundation for the IMF negotiations, according to an announcement from the ministry of finance on September 26, 2022.

The program aims to create a macro-fiscal path that guarantees debt sustainability and macroeconomic stability and is supported by significant structural changes and social protection.”

The IMF mission that arrived in Ghana on September 26, 2022, is currently in talks with the Ministry of Finance and The Bank of Ghana.

“Government remains committed and shall continue to actively engage all stakeholders, both public and private, in a clear and transparent manner as we seek to fast-track this process,” parts of the release read.

Ghana is seeking at least $3 billion from the Bretton Woods Institution to shore up its reserves and deal with the depreciating cedi and fund its infrastructure projects.