Business News of Sunday, 18 June 2023

Source: www.ghanaweb.com

LIVESTREAMED: Ofori-Atta updates Ghanaians on IMF deal, economy

Ken Ofori-Atta, Finance Minister Ken Ofori-Atta, Finance Minister

The Minter of Finance, Ken Ofori-Atta, would be updating Ghanaians on the ongoing International Monetary Fund (IMF) bailout programme.

The Executive Board of the IMF unanimously approved the $3 billion bailout for Ghana at a meeting on Wednesday [May 17, 2023] in Washington.

$600 million out of the $3 billion loan was disbursed on the day of the approval of the bailout, and $350 million would be disbursed every six months for the three-year programme.

The $350 is, however, subject to the government of Ghana meeting stated targets and conditions.

Watch a livestream of Ofori-Atta’s update below:



IB/FNOQ