IMF boss commends BoG; urges Central Bank to preserve gains chalked so far

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has commended the Bank of Ghana for supporting the government to stabilise the Ghanaian economy.

She is therefore urging the managers of the economy to stay the course after achieving “many good indicators in this short period of time” in the country’s programme with the Fund.

Your growth is better than expected, your inflation is lower than expected, the progress in debt restructuring has been faster than expected, and now the task is to cement what is achieved,” she added.

After a fruitful 2-day visit to Ghana, Madam Georgieva departed Accra on Monday, March 18, 2024.

She was seen off by the Governor of Bank of Ghana, Dr. Ernest Addison as well as the First and Second Deputy Governors, Dr. Maxwell Opoku-Afari and Elsie Addo-Awadzi, and the IMF Resident Representative in Ghana.

She reminded the Central Bank that its core mandate of price stability is crucial in preserving the gains chalked so far.