Reports indicate that the International Monetary Fund (IMF), as part of the country’s debt stock, wants government to add the $2bn Sinohydro loan from China and the $1.5bn COCOBOD syndicated loan taken for the 2021/2022 season. According to the IMF, this is to give a comprehensive picture of the country’s total debt stock. The inclusion of the $2bn Sinohydro loan and the $1.5bn syndicated loan will hike the country’s debt to GDP ratio from the present 78% [GHS 396bn] to over 80% of GDP. Reports indicate that, government is reluctant to add the $2bn Sinohydro loan to its current debt stock making the argument that, the Sinohydro loan was a barter trade for the country’s bauxite resources. Meanwhile, a statement released by the Ministry of Finance on Monday, September 26, noted the Government of Ghana is putting together a comprehensive post Covid-19 economic programme which will form the basis for the IMF negotiations. The programme seeks to establish a macro-fiscal path ...