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The Office of the Ministry of Finance has rubbished claims made by a section of the public that Ghana’s negotiation with the International Monetary Fund (IMF) has seen setbacks because the fund sees no seriousness on the part of the government.
The sector has in a statement dated Sunday, October 30, 2022, described the assertions as untrue and called on the general public to disregard it.
It noted that the IMF itself has on numerous occasions stated unequivocally that negotiations are progressing well and affirmed that both parties are fully committed to reaching a deal as soon as feasible.
“Most regrettably, such unfounded and misleading statements undermine national efforts when introduced into public discourse,”
“It is disappointing that at a time when the Republic is engaged in serious efforts aimed at ensuring macroeconomic stability, the propagation of falsehoods and misrepresentations supported by the publication of same, appear to be gaining notoriety,” the statement expressed.
According to the ministry both parties are fully committed to agreeing on a deal as soon as possible therefore all the allegations about the discussions are contrary to the factual.
“The Ministry of Finance strongly denies that there were inaccuracies in the figures presented to the IMF, leading to so-called “credibility issues” None but accurate figures have been presented to the IMF; and the Ministry has been fully transparent at all times.
“The Ghanaian negotiation team remains credible and highly respected and has enjoyed great cooperation from the IMF. To suggest otherwise is false, misleading and pure mischief which must be ignored,” it added.
The Ministry thereby calls on all to be responsible in utterances related to the IMF negotiations and urged everyone including Journalists to verify claims related to the ongoing IMF negotiations to avoid holding the country back.
“We caution that such falsehoods contribute to the erosion of stability in the Ghanaian economy and could unduly hold back the strong progress of negotiations so far.”
The Ministry of Finance in that regard assures that the government is working assiduously to complete negotiations and restore the economy to macroeconomic stability.
BELOW IS THE FULL STATEMENT
