{"id":310755,"date":"2017-04-15T06:00:59","date_gmt":"2017-04-15T06:00:59","guid":{"rendered":"http:\/\/citifmonline.com\/?p=310755"},"modified":"2017-04-15T06:00:59","modified_gmt":"2017-04-15T06:00:59","slug":"govt-to-end-imf-deal-in-april-2018-ken-ofori-atta","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/04\/govt-to-end-imf-deal-in-april-2018-ken-ofori-atta\/","title":{"rendered":"Govt to end IMF deal in April 2018 \u2013 Ken Ofori-Atta"},"content":{"rendered":"
Finance Minister, Ken Ofori-Atta has disclosed that the government is committed to ending its agreement with the IMF in April 2018.<\/p>\n
[contextly_sidebar id=”3rcE7PLoIv1OSYvkovA7MZbWFm88jncp”]This according to him has made it necessary for the government to consider alternatives in addressing deficits and maintain a sound economy for businesses to thrive.<\/p>\n
The comment by Mr. Ken Ofori-Atta is a sharp contrast to some suggestions that the government will reconsider an extension of the extended credit facility program after the initial April 2018 deadline.<\/p>\n
He made the remarks during a press briefing as part of an IMF mission to Ghana for the fund\u2019s Article IV consultations with Ghana.<\/p>\n
\u201cWe are still expecting to end in April which will lead to some very tough decisions with regards to where we want to go with our deficit in the coming budget and how we build up the stock of private sector savings or infusion of investments from outside and be able to project that,\u201d he stated.<\/p>\n
Senior Minister, Yaw Osafo Maafo had indicated that the NPP government will review the deal with the IMF.<\/p>\n
Also, Monitoring and Evaluation Minister, Dr. Anthony Akoto Osei has given indication that the government may consider an extension of the agreement <\/a><\/strong><\/span>to the end of 2018.<\/p>\n