Business News of Wednesday, 3 May 2017Source: Myjoyonline.comGovernment likely to extend IMF programmeKen Ofori Attah, Finance Ministergovernment is expected to extend programme with the International Monetary Fund (IMF) which should be ending in April next year. JOYBUSINESS understands that the current state of the programme requires the IMF to re-calibrate the entire program targets to ensure consistency with the evolution of the new administration’s economic priorities. The Fund, according to reports is threating not to go to its board before June if Ghana does not agree to extend the programme. Finance Minister’s earlier response on programme extension issuesFinance Minister Ken Ofori Atta had earlier told JOYBUSINESS government will be able to implement all the required reforms to help complete the IMF programme as scheduled. The minister also rejected suggestions that he is pushing hard to complete the programme on April 2018 because of borrowing restrictions and fiscal prudence.

Source: GhanaWeb May 03, 2017 14:48 UTC