IMF Staff Concludes Visit to Ghana
IMF News, October 7, 2022
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- Published: October 7, 2022
Preliminary findings and areas of focus
- Restore macroeconomic stability while laying the foundation for stronger and more inclusive growth.
- Ensure public finance sustainability while protecting the vulnerable.
- Bolster the credibility of monetary and exchange rate policies to reduce inflation and rebuild external buffers.
- Preserve financial sector stability.
- Encourage private investment and growth, including by improving governance, transparency, and public sector efficiency.
Policy recommendations and technical work
- Continue discussions on possible financial support contingent on policy actions aligned with IMF-supported arrangements.
- Advance technical work in Washington, D.C., including making further progress on assessing Ghana’s debt sustainability.
- Continue engagements with the authorities in the weeks ahead, including during the upcoming Annual Meetings at IMF headquarters.
Engagement and next steps
- The IMF team will return to Washington, D.C. to advance technical work.
- Discussions with the authorities will continue in the weeks ahead, including during the upcoming Annual Meetings that will be convened at IMF headquarters.
- IMF staff reaffirm commitment to support Ghana in these challenging times, consistent with the IMF’s policies.
Closing remarks from mission
- “We had constructive discussions on policies aimed at restoring macroeconomic stability and laying the foundation for stronger and more inclusive growth.”
- “Staff express their gratitude to the authorities, private sector, civil society, development partners and other stakeholders in Ghana for their constructive engagement and support during this mission.”
IMF Staff Concludes Visit to Ghana — Press Release No. PR22/342, October 7, 2022.