President Akufo-Addo on July 1 ordered Finance Minister, Ken Ofori-Atta to begin formal engagements with the IMF.
In a statement signed by Information Minister, Kojo Oppong Nkrumah, the engagement will be to invite the Fund to support an economic program put together by government.
“The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, has authorised Finance Minister, Ken Ofori-Atta to commence formal engagements with the International Monetary Fund (IMF), inviting the Fund to Support an economic program put together by the Government of Ghana,” the statement said.
Meanwhile, there are fears that one of the conditions from the Fund might be to suspend the Free SHS policy.
However, Awal Mohammed, a member of the communications team of the New Patriotic Party (NPP) has allayed such fears insisting that it won’t.
Listen to his explanation in the video below