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Ghana President Hopeful for IMF Deal in March

Ghana's Minister of Finance Ken Ofori-Atta (center left) and Foreign Minister Shirley Ayorkor Botchwey met with representatives from the China Exim Bank in Accra on March 1, 2023. Image via @AyorkorBotchwey.

Ghana’s President Nana Akufo-Addo is optimistic that the debt-ridden country will reach a bailout deal with the International Monetary Fund by the end of the month.

Speaking at a gathering of ambassadors and high-level officials, Akufo-Addo said: “I’m confident that with the cooperation that we’re receiving from the Paris Club and the People’s Republic of China which has sent a delegation from China’s EXIM Bank to Accra over the weekend to meet with officials of the Ministry of Finance, we shall be able to go to the board of the Fund to conclude finally the agreement by the end of March.”

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