IMF programme will continue – New Finance Minister

The newly appointed Finance Minister, Dr. Mohammed Amin Adam, has given assurance to all stakeholders, especially the International Monetary Fund (IMF) that he will not depart from the current programme.

Dr. Amin Adam took over from his boss, Ken Ofori-Atta after ministerial reshuffle announced y President Akufo-Addo on February 14.

He underscored the government’s determination to remain committed to the deal with the IMF.

“It is important to note that we are under an IMF programme and I want to assure the IMF and the business community that I will ensure that the programme remains on track. I will work to ensure that the programme does not suffer,” he said.

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The former Minister of State at the Finance Ministry further assured that the pro-poor policies proposed in the 2024 budget will be executed.

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“If you look at the budget that was presented this year, there were a number of pro-poor initiatives, and I do not intend to depart from those pro-poor initiatives. And I will ensure that business follows as usual as it should. We will make sure that we move faster to implement the tax reliefs that were made in the budget and I am going to make sure the poor are insulated.”

Dr Adam made these comments in an interview on Citi FM, Thursday, February 15.

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Ghana’s IMF bailout comprises a set of policies and reforms meant to improve economic stability, enhance growth, and facilitate a favourable environment for sustainable development.

The programme includes measures to curb inflation, decrease budget deficits, and foster economic resilience.