Skip to main content

Govt/IMF negotiations aim to inject aspiration in economy

 


President Nana Addo Dankwa Akufo-Addo has said the talks with the International Monetary Fund (IMF) and the 2023 Budget will seek to address the concerns of Ghanaians and inject their aspirations into the management of the economy.

He said it was for that reason he had, in the last three weeks, been meeting various stakeholders in the Ghanaian society and economy to get their insights, concerns and preoccupations, so that the final outcome would address, as broad as possible, those concerns.

President Akufo-Addo said this when he met the leadership of the Coalition of Civil Society Organisations at the Jubilee House last Friday as part of his broad-based consultation with various groups on the economy.

The meeting moved into a closed-door session after the introduction of members of the coalition and the introductory remarks by President Akufo-Addo.

Representatives of the coalition were from CDD-Ghana, the Citizens Movement Against Corruption, the Ghana Coalition of NGOs in Health, the Africa Education Watch, the Network for Women’s Right in Ghana, the Ghana Integrity Initiative, the Citizen Ghana Movement, Oxfam Ghana, SEND Ghana and IDEG.

The President had earlier met the leaders of the Ghana Bar Association, the Christian Council of Ghana, market queens, the GPRTU, labour unions, the Ghana Employers Association, the Ghana Journalists Association, the Private Enterprises Federation and the Forex Bureaux Association of Ghana.

Others are the Association of Ghana Industries, the Ghana Association of Bankers and the Council of State.

President Akufo-Addo noted that all were aware of the difficulty in which the country found itself and the efforts by the government to address them, noting: “I don’t think that effort will succeed if it is not guided and influenced by a broad consultative process.”

He said in the last three weeks, he had been interacting with a broad spectrum of stakeholders in the economy and society because Ghana had gone to the IMF to seek assistance to repair public finances and also rebuild the balance of payments.

He added that the government was also in the process of preparing a budget for the 2023 fiscal year and it was important that the final outcome of its work carried the support of the people of Ghana.

“Both the negotiations with the fund and the making of the 2023 budget should be done in such a way that they can have broad-based support as possible.

“And for that to happen, we have to be in a position to consult with stakeholders, get their insights, concerns and preoccupations, so that the final outcome will address those concerns,” President Akufo-Addo added.

Ambassador

In another development, the President has appointed a former Director General of the National Intelligence Bureau (NIB), Kwaku Domfeh, as Ghana’s Ambassador to the DR Congo, with the charge to ensure that he briefed the government on the evolution of events in the country.

He said Ghana had had good relations with DR Congo and urged the new envoy to build on the relationship and work with the staff at the embassy through mutual respect and seek the interest of the Ghanaian community in that country.

Comments

Popular posts from this blog

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...

E&P takes over Black Volta and Sankofa Gold projects after years of delay

 Indigenous mining firm Engineers & Planners (E&P) has acquired Azumah Resources Ghana Ltd and Upwest Resources Ghana Ltd, taking full control of the long-stalled Black Volta and Sankofa gold concessions in the Upper West Region. The transaction, registered with the Registrar of Companies and approved by the Minerals Commission, ends nearly two decades of under-investment, legal disputes, and capital shortfalls that kept the concessions dormant. With global gold prices trading above $3,000 per ounce, the move comes at a time when Ghana is seeking fresh mining revenue to support its IMF-backed fiscal consolidation programme. E&P announced that it has secured funding to begin mine development and has committed to repaying verified debts associated with the projects. Ghana travel guide The company outlined a structured plan that includes: Working with the Ghana Revenue Authority (GRA) to audit and confirm loans previously recorded as project investments. Repaying genuine d...

Ghana Property & Lifestyle Expo Ignites Global Interest in Ghana’s Real Estate Market with Landmark Washington DC Edition

  Washington DC, USA – Hundreds of investors, professionals, and diaspora attendees gathered at the Washington Marriott Georgetown for the Ghana Property & Lifestyle Expo (GPLE) – Washington DC Edition , marking the dynamic launch of the 2025 Global Series. The two-day international showcase delivered a powerful mix of credible investment opportunities, expert insights, and strategic networking, spotlighting Ghana’s booming real estate sector as a leading destination for property and lifestyle investment in Africa. From luxury apartments and serviced plots to gated communities and commercial developments, attendees experienced the best of Ghana’s property landscape—featuring top developers from Accra and Kumasi, including Royal Kingdom Estate, Goldkey Properties, Devtraco Plus, Clifton Homes , and others.   Eddy Acquah Moderator & AJ Akua Johnson Brand Ambassador GPLE (Actress , Fitness Coach & Philanthropist) [/caption] Ambassador Victor Smith Applauds Expo’s Rol...