President Nana Akufo-Addo has said There will be no “haircuts” in Ghana’s negotiation with the International Monetary Fund to seek for bailout to support the Economy.
He assured all Ghanaians that no individual or institutional investor, including pension funds, in Government treasury bills or instruments will lose their money, as a result of our ongoing IMF negotiations.
Nana Akufo-Addo said this in his State of the Economy Address on 30th October 2022.
The president said Over the course of this week, he held several fruitful engagements with the Trades Union Congress and Organised Labour, the Ghana Employers’ Association, the Association of Ghana Industries, the Ghana Association of Banks, the Private Enterprise Federation, the Association of Forex Bureau Operators, the Association of Market Queens and Women, all of whom represent important stakeholders of the Ghanaian economy.
According to the president, they expressed their concerns and proposed solutions on how best to solve our problems.
” I have been encouraged by the enthusiasm of these interest groups to help Government address these challenges, and I intend to continue these engagements with other groups.”
Source: Mybrytfmonline/ Kofi Atakora