The International Monetary Fund (IMF) has hinted that for Ghana to get approval of the Board, the GoG must secure financing assurances from its partners and creditors first.
This was revealed at a news conference in Washington DC, the communications director of the IMF Julie Kozack said the IMF is engaging the Ghanaian Authorities on the bailout request but at the same time seeking assurances from Ghana’s partners.
“Financing assurances from partners and creditors are necessary for presenting the programme request to the IMF’s Executive Board for approval”.
“We’re calling on bilateral creditors to support Ghana’s effort to restore debt sustainability, form an official creditor committee, and deliver the necessary financing assurances as soon as possible”, she opined.
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