IMF prog.: Election year difficult but we’ll stay the course – Finance Minister
Finance Minister Mohammed Amin Adam has affirmed the government's commitment to adhering to the International Monetary Fund’s (IMF) Post-COVID-19 Programme for Economic Growth (PC-PEG) and the World Bank-supported Development Policy Operations, despite the challenges of an election year.
At his first monthly press briefing on the economy in Accra on Tuesday, March 26, Mr Adam stressed the government's resolve to maintain continuity with these programmes.
"In spite of the election year being a difficult year in every country, in the world, we are determined to stay the course as far as these programmes [IMF] are concerned," he stated.
He said: “We want to optimise the mobilisation of domestic revenue and rein in expenditure through expenditure controls and rationalisation”, adding an intention to “firmly implement the government’s growth strategy with a focus on improving SME productivity, efficiency, and financing, given the significant contribution the SME sector makes to the growth of our economy as well as for job creation”.
Above all, the minister said the government plans to “pursue an inclusive approach to economic management”.
This, he explained, “will include instituting a joint economic roundtable with the academia to discuss topical economic issues”.
He noted that such a forum “will seek to bring academia and policymakers to have a conversation on topical issues, as they affect the economy and to propose solutions on our way forward.”
“A Ghana development forum which will be a forum to bring various stakeholders together to discuss and build consensus on key interventions such as the IMF programme and our debt restructuring programme,” he stated.
Source: Classfmonline.com
Trending News
Supreme Court hears Sky-Odoi anti-LGBTQ cases live
11:12Ghana needs decisive leadership: Bawumia
10:502024 polls: NPP's done so much and deserves victory - Akufo-Addo
21:59Ghana’s landguards emboldened by influential personalities in the society - Security expert
12:30AstraZeneca withdraws Covid vaccine worldwide after admitting it can cause rare blood clots
10:35Otumfuo denounces corruption, pledges truth, integrity on 74th birthday
10:57AG has 'killed' Cecilia Dapaah matter; case closed! CDD says 'abrupt end' fits clearing-agent pattern
11:32Soldier killed over land occurred at Millennium City not Kasoa – Residents angered over bad name
11:56If Bawumia becomes our next President, it will be very good for Ghana- President of Ahafo Regional House of Chiefs
10:26Alfred Arthur was part of CRIG’s CTCM that passed Lithovit as liquid fertiliser – Witness tells court
11:16