The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has lauded the positive outcomes emerging from Ghana’s economic policies under the IMF-supported program.
In a recent post on X (formerly Twitter), she expressed not only her contentment but also emphasized the significance of the policy and reform commitments outlined in Ghana’s agreement with the IMF, asserting that they are crafted in the best interest of the Ghanaian populace.
President Akufo-Addo and Ghana’s Finance Minister, Ken Ofori-Atta, were commended for their commitment during the World Economic Forum (#WEF24).
“Wonderful to see President Nana Addo Dankwa Akufo-Addo and Ghana’s Finance Minister, Ken Ofori-Atta at #WEF24. The policy and reform commitments under Ghana’s economic program are starting to bear fruit,” She posted.
Georgieva’s statement indicated that the economic program’s policy and reform commitments are beginning to bear fruit, signaling progress and positive shifts.
Furthermore, she extended appreciation for the debt treatment agreement between Ghana and the Official Creditor Committee, describing it as consistent with the objectives of the IMF-supported program.
The Managing Director reiterated that the program aims to achieve macroeconomic stability, ensure debt sustainability, build resilience, and lay the foundations for stronger and more inclusive growth.
In a detailed statement, Georgieva specifically thanked the Official Creditor Committee, with special mention to the co-chairs, China and France, for their dedicated efforts in reaching the debt treatment agreement.
She highlighted this agreement as a substantial milestone for the G20 Common Framework, wherein G20 creditors collaborated to provide debt relief for Ghana.
The Managing Director’s comprehensive remarks underscored the intricate yet crucial steps being taken to support Ghana’s economic trajectory and promote resilience and growth.