Ghana’s incoming finance minister, Cassiel Ato Forson, has signalled plans to seek additional funding from the International Monetary Fund (IMF) to stabilize the struggling economy.
Speaking on Thursday ahead of a meeting with an IMF delegation in Accra, Forson stressed the importance of working with both domestic and international partners to secure much-needed financing.
“The reliance on Treasury bills and others has not been very helpful,” said Forson, a seasoned economist and former deputy finance minister. He also vowed to cut public spending and reduce waste, aiming to curb inflation and restart domestic bond issuance by mid-year.
…
