Business News of Saturday, 26 October 2024

Source: www.ghanaweb.com

LIVESTREAMED: Minister of Finance addresses media on outcomes from IMF-World Bank Meetings

Dr. Amin Adam, Minister of Finance and IMF MD, Kristalina Georgieva and Dr. Ernest Addison Dr. Amin Adam, Minister of Finance and IMF MD, Kristalina Georgieva and Dr. Ernest Addison

Ghana’s Minister of Finance, Dr. Mohammed Amin Adam, is scheduled to hold a press briefing following the conclusion of the IMF-World Bank Annual Meetings in Washington, D.C in the USA.

Dr. Amin Adam who led Ghana’s delegation to the meetings is expected to provide updates on Ghana’s progress under the current IMF program following a successful third review at staff level and discuss key outcomes from the meetings.

On Friday October 25, 2024 Dr. Mohammed Amin Adam announced the signing of a transformative $250 million credit and $10 million grant facility with the World Bank for the Energy Sector Recovery Program for Results project.

The project, which form part of Ghana’s broader Energy Sector Recovery Programme, aims to improve the financial viability of the electricity distribution sector and increase access to clean cooking solutions, thereby enhancing health outcomes and environmental sustainability.

Watch the stream below: