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IMF team to meet Finance Minister, others today as negotiations begin

Officials of the International Monetary Fund (IMF) will today meet Finance Minister, Ken Ofori Atta and some key officials of the Finance Ministry as the Fund officially begins work on the bailout being sought by the country.

The IMF team will today examine government’s fiscal expenditure and projections for the year 2022.

As part of the deliberations, the IMF team will also look at the public sector wage bill, negotiations, and reforms in the government payroll.

Labour unions, including the Trades Union Congress (TUC), University Teachers Association (UTAG), had lambasted the government for its decision to seek support from the fund.

Analysts suggest that it would take at least three months for a programme to be agreed upon between the Ghana and the fund.

Evans Osei-Bonsu

Evans is a Radio Producer @PureFM (95.7MHz) under the Angel Broadcasting Network (ABN Ghana) || Writer || Bachelor of Laws Candidate at the Ghana School of Law || & Former Prez. - Law Students’ Union (KNUST) || He holds an LL.B Degree and a Degree in Political Science from KNUST. ||

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