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Efforts underway to secure IMF cash on Friday – Ofori-Atta

Mabel Boamah by Mabel Boamah
3 years ago
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Efforts underway to secure IMF cash on Friday – Ofori-Atta
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The Finance Minister, Ken Ofori-Atta has revealed that Ghana is set to receive the first tranche of the $3 billion bailout package approved by the International Monetary Fund (IMF), tomorrow, May 19, 2023.

While speaking at a joint press conference between the Government of Ghana and officials of the IMF, Ofori-Atta outlined a roadmap for continued financial support from the IMF over the coming months.

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“There is a $600 million release, and we will be working with the IMF to see if we can get it by tomorrow, and then we will move on to the next 6 months which will be another $600 million, and then we move on to about 5 different tranches every 6 months in the periods ahead.”

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