Her visit is coming at a time where Ghana is preparing to exit from the Fund by the end of the year.
IMF’s Christine Lagarde begins a two-day visit to Ghana
The Head of the IMF, Christine Lagarde has arrived in Ghana for a two-day visit.
Bawumia and IMF boss
Some analysts believe this is a symbolic visit as it tells the IMF’s impression of Ghana’s overall performance under the three-year relief program.
In her visiting schedule, she will participate in a sub-Saharan African conference to be hosted in Ghana today [December 17, 2018].
The conference will tackle the economic future of the sub region and particularly provide solutions to the growing unemployment rate in Ghana.
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Later, she will hold bilateral talks with Ghana’s President Nana Akufo Addo.
Madam Christine Lagarde is expected to leave Ghana tomorrow. Before then she will give a keynote address in a seminar to be attended by key government officials, NGOs, civil societies, among others.
At a welcome ceremony on Sunday [December 16, 2018], Madam Christine Lagarde gave brief remarks where she talked of her excitement of visiting Ghana.
“I am very pleased to be in Ghana and to be in Accra and I look forward to a very productive visit with the authorities. I am delighted that Mr. Vice President was able to come and greet me on arrival; it’s very nice of him.”
Ghana entered the IMF bailout program for an economic assistance of $918 million.
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The IMF has so far disbursed $764.1 million.
The bailout programme has brought some benefits to the country this includes keeping the government’s expenditure under control.
But, the government also faced a major challenge with one IMF condition which did not allow them to employ people into the public sector.
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