General News of Thursday, 28 March 2019Source: citinewsroom.comOppong-Nkrumah pleads for positive cedi speculation after IMF exitKojo Oppong Nkrumah, Minister for InformationThe Information Minister Kojo Oppong-Nkrumah has called for positive speculation around the cedi as it appreciates against the dollar after months of free fall. The Executive Board of the IMF just approved the final disbursement of about US$185.2 million to Ghana. “We have shown a commitment, the competence and the discipline required to meet the target and come out of that programme,” Mr. Oppong-Nkrumah said. “We have also put in place the infrastructure for irreversibility, he added, referencing the Fiscal Responsibility Act. They did that, thinking that somehow that is going to lure the people into a certain sense of security but that security will be short-lived.”

Source: GhanaWeb March 28, 2019 15:45 UTC