Ghana Finance Ministry, Central Bank Form Committee for Talks on IMF Programme

Ghana's finance ministry has formed a five-member committee with the Bank of Ghana to lead discussions with the financial services industry concerning an International Monetary Fund (IMF) programme, it said in a statement on Tuesday, Reuters reported. The goal of the committee is to "ensure orderliness and confidence in the government's ongoing negotiations with the IMF," the statement said. A similar engagement will be undertaken with external bondholders, it added. An IMF team visited Ghana last week for talks about a potential loan programme after the West African country requested support. It said discussions were constructive but that more work was needed on a debt-sustainability analysis. Read more.