Business News of Tuesday, 14 January 2025

Source: www.ghanaweb.com

President Mahama, Veep Prof Naana Jane hold crucial meeting with IMF

President John Mahama with his team as they met the team from the IMF President John Mahama with his team as they met the team from the IMF

President John Dramani Mahama, together with the Vice President, Professor Naana Jane Opoku-Agyemang, and other members of government have met with the International Monetary Fund to discuss Ghana's debt issues, among other economic problems.

The meeting, which was held on January 9, 2025, was regarding Ghana's debt support programme.

The vice president announced the details of the meeting on her official X page on January 14, 2025, as follows: "I joined His Excellency President John Dramani Mahama in a crucial meeting with the International Monetary Fund (IMF) regarding the ongoing financial support package for Ghana."

She also noted that "During the session, we discussed key aspects of the funding arrangement, focusing on strategies for economic stabilisation, growth, and fiscal sustainability."

Prof. Naana Jane also said the engagement emphasised collaborative efforts between the Ghanaian government and the IMF to address the country’s current financial challenges and ensure long-term prosperity and sustainability.

President John Mahama has pledged to renegotiate the IMF programme that was started by the previous administration to lend Ghana some $3 billion to aid economic recovery.

Also in attendance of the meeting were the Minister of Finance-designate, Dr. Cassiel Ato Forson; and former Minister of Finance, Seth Terkper.

SSD/AE



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