By Francis Kobena Tandoh
President John Dramani Mahama on Monday reaffirmed his administration’s dedication to fiscal discipline as Ghana works toward exiting the International Monetary Fund (IMF) programme next year.
Speaking at the 9th Ghana CEO Summit under the theme “Transforming Business and Governance for a Sustainable Futuristic Economy,” President Mahama stressed the need for prudent government spending and borrowing practices.
“Completing the IMF programme with discipline, we will continue the discipline in government expenditure and borrowing and work to achieve all targets under the extended credit facility programme with the IMF,” said President Mahama.
He further emphasized that his government aims to complete the fourth review of the IMF programme by June 2025—a key milestone on the path to final programme completion.
“Afterwards, we will participate in Article IV consultations and adopt the Policy Support Instrument framework, signalling Ghana’s return to responsible, non-borrowing engagement with the Fund,” added the Ghanaian leader.
Ghana approaches the final stages of the IMF-supported programme, with stakeholders closely watching how the government manages its economic recovery and reforms. Enditem
Source: Ghana Eye Report
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