Director for News Programming at Citi FM, Bernard Koku Avle has described Ghana’s US$940m agreement with the International Monetary Fund as “positive but not spectacular” in his analysis of the deal.
The IMF announced the deal at a press conference on Thursday, revealing that the country will receive US$940 million from the Fund to help turn the ailing economy around.
And in an interview on Eyewitness News on Thursday, the host of the Citi Breakfast Show said though the IMF’s terms for the deal were not new, it possibly gives a “pretext to Government to take difficult decisions and also gives a sense to the international community that the kind of reform needed to place confidence in the economy is coming.”
Listen to the audio below:
By: Edwin Kwakofi/citifmonline.com/Ghana