Source: newsthemegh.com
According to Stephane Roudet, the IMF’s mission chief, Ghana’s economic reform plan that it provided to the organization for consideration of the $3 billion bailout is quite comprehensive.
The first thing I would like to emphasize is that, of course, this programme is very much focused on restoring macroeconomic stability, anchoring debt stability, and it will also lay the groundwork for higher and more inclusive growth, Mr. Roudet said during a joint press conference held after the board’s approval in Washington.
As a result, I believe that is crucial because it will pave the way for a far brighter future for all Ghanaians.
Mr. Roudet continued, “I believe it’s crucial to emphasize also that this is a program that is quite rich in its structural component.
He said that the program “includes many reforms that span a wide range of sectors, and these reforms will make the economy more shock-resistant in the future; and this is really what the government and the IMF are looking for in this programme.”
It’s a policy, he continued, that will increase the economy’s resilience and likelihood of withstanding shocks in the future.