Ofori-Atta: Government formulating programme to form basis of IMF negotiation

Finance Minister, Ken Ofori-Atta has said the programme will also complement the Ghana CARES ‘Obaatampa’ programme

The government is currently developing a programme that will complement the Ghana COVID-19 Alleviation and Revitalisation of Enterprises Support (Ghana CARES) ‘Obaatanpa’ programme, Finance Minister Ken Ofori-Atta has said.

Presenting the 2022 Mid-Year Budget Review in Parliament on Monday (25 July), Ofori-Atta said the programme will be the basis for negotiating a deal with the International Monetary Fund (IMF).

“Mr Speaker we are currently developing an enhanced domestic programme to complement the Ghana CARES Obaatanpaa programme to return us to the party of microeconomic stability, debt sustainability, robust growth and a Ghana Beyond Aid

“We expect this programme to be the basis of our negotiations with the International Monetary Fund.”

“In the coming months Mr Speaker we will continue to optimise and support our flagship programmes and make strategic investments in the railway sector, increase production, enhance productivity and creates job,” he said.

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