Ghana’s sixth and final program review is anticipated to be presented by the IMF.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd

The International Monetary Fund (IMF) is expected to present Ghana’s sixth and final programme review, together with the country’s request for a new Policy Coordination Instrument (PCI), to its Executive Board on July 27.

IMF Mission Chief for Ghana, Ruben Atoyan, disclosed this on yet-to-be aired JoyNews’ PM Express Business Edition.

According to him, the IMF team is returning to Washington DC to prepare its final staff report and make what he described as a “strong case” to the Board for approval of Ghana’s programme.

Dr. Atoyan explained that once the Board approves the report, the final tranche of more than $318 million under Ghana’s bailout programme is expected to hit the account of the Bank of Ghana.

Source: newsthemegh.com