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Akufo-Addo states that the IMF bailout has produced favorable outcomes for Ghana.

President Nana Addo Dankwa Akufo-Addo has affirmed that Ghana’s choice to request balance of payment assistance from the International Monetary Fund (IMF) has resulted in positive outcomes. He credits the recent decrease in inflation and the stability of the domestic currency to the IMF assistance program.

During a meeting with IMF Managing Director Kristalina Georgieva at the Jubilee House, President Akufo-Addo expressed contentment with the results of the bailout.

He stressed that the decision to seek IMF assistance in July 2022, amid challenging economic conditions, has proven advantageous and contributed to a noticeable transformation in Ghana’s economy.

President Akufo-Addo stressed the importance of striking a delicate balance between meeting the needs and aspirations of Ghanaian while adhering to the requirements of the IMF’s 3-year extended credit program.

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Story by Osei Akoto(Teacher Kojo) #Ahotoronline.com

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