In his inaugural statements as Ghana’s Finance Minister following a recent ministerial reshuffle, Dr. Mohammed Amin Adam has affirmed the government’s unwavering commitment to the ongoing International Monetary Fund (IMF) programme.
Assuring continuity, Dr. Amin Adam pledged to adhere to the collaborative framework established with the IMF, emphasizing the importance of maintaining the prescribed course of action. Speaking on the Citi Breakfast Show with Bernard Avle, he underscored the government’s dedication to pro-poor initiatives outlined in the budget, affirming his intent to accelerate the implementation of tax reliefs and prioritize support for vulnerable segments of society.
Dr. Amin Adam reassured both the IMF and the business community of his resolve to uphold the programme, ensuring its seamless continuation without setbacks. The IMF programme with Ghana aims to address economic challenges, promote fiscal responsibility, and foster sustainable development through a series of policies and reforms.
Ghana’s historical engagement with the IMF has been driven by the imperative to tackle fiscal deficits, external imbalances, and implement structural reforms to fortify macroeconomic fundamentals. Central to the programme are measures to curb inflation, mitigate budget deficits, and bolster overall economic resilience.