The International Monetary Fund and the Ministry of Finance have started talking on a program to boost the economy.

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Due to this, the ongoing negotiations, which are anticipated to last from September 26 to October 7, 2022, have received some updates from Finance Minister Ken Ofori-Atta.

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On September 28, Ken Ofori-Atta announced a 5-member committee will oversee the comprehensive stakeholder engagement while speaking to journalists at a news conference in Accra.

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He said that the talks are going well and that they will go for 10 days.

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He added that the discussions would be made in order to safeguard Ghana's financial sector.

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Meanwhile, a key prerequisite for an IMF programme will require a comprehensive Debt Sustainability Analysis (DSA).

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Government says it is putting together a comprehensive post-COVID-19 economic programme which will form the basis for the IMF negotiations.

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The potential IMF programme seeks to establish a macro-fiscal path that ensures debt sustainability and macroeconomic stability underpinned by key structural reforms and social protection.

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