Home U.S. NewsUS and World NewsGhana finance ministry, central bank form committee for talks on IMF programme

Ghana finance ministry, central bank form committee for talks on IMF programme

by Reuters

ACCRA (Reuters) – Ghana’s finance ministry has formed a five-member committee with the Bank of Ghana to lead discussions with the financial services industry concerning an International Monetary Fund (IMF) programme, it said in a statement on Tuesday.

The goal of the committee is to “ensure orderliness and confidence in the government’s ongoing negotiations with the IMF,” the statement said.

A similar engagement will be undertaken with external bondholders, it added.

An IMF team visited Ghana last week for talks about a potential loan programme after the West African country requested support. It said discussions were constructive but that more work was needed on a debt-sustainability analysis.

(Reporting by Christian Akorlie; Writing by Nellie Peyton; Editing by Estelle Shirbon)

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