The International Monetary Fund (IMF) has dismissed claims of a deadlock in Ghana's negotiations for the second tranche of the $3 billion credit facility from the Bretton Woods institution.

The IMF insisted that ongoing discussions between Ghana and the Official Creditor Committee on a debt treatment under the G-20 Common Framework were still in progress.

An IMF spokesperson stated,“The discussions between Ghana and the Official Creditor Committee on a debt treatment under the G-20 Common Framework that is consistent with the objective of the IMF-supported program are ongoing. We hope that an agreement can be reached soon, so that we can bring the program to the Board for the first review in the coming weeks,” an IMF spokesperson told Citi News.

This response comes in response to assertions by Minority Leader Dr. Ato Forson that disagreements between the government and the Official Creditors Committee on the cut-off point for external debt in the restructuring exercise have led to a setback and potential uncertainty for the next $600 million package.

Dr. Forson expressed these concerns in Parliament on Wednesday, November 29, 2023.