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6th October 2022 8:52:54 AM
2 mins readThe Finance Minister, Ken Ofori-Atta is optimistic the country will get approval from the International Monetary Fund (IMF) for an economic programme before the end of 2022.
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According to him, a team of government officials will from this weekend travel to the USA for two weeks to continue negotiations with the Fund to fast-track the deal.
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He was speaking to the media after paying a visit to the ‘Long Room’ at the Tema Port in the Greater Accra region.
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He stated that discussions have so far been fruitful and cordial with the IMF mission team, here in Ghana.
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“We will go to Washington with them and continue for another two weeks of discussions. I think we are moving in the right direction. The Debt Sustainability Analysis still continues”, he announced.
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Mr. Ofori-Atta stated that issues concerning the Debt Sustainability Analysis will be a key agenda that would be looked at to decide a programme for the country.
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“The Debt Sustainability Analysis is a critical component of the decision as to what to do such as structural reforms and debt operations, as well as the financing gap of the country,” he stressed.
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Mr. Ofori-Atta also used the occasion to congratulate the Customs Division of the Ghana Revenue Authority for exceeding its target in the month of September, 2022.
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“A huge part of the discussions also include revenue. This means that the work of customs is very important to the discussions. I looked at September figures and it looks like we exceeded the target. That’s very encouraging,” he said.
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He urged the GRA to continue working in the interest of the nation – blocking revenue leakages in the system.
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Source: Citinews
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