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Getting IMF Deal In 5months Remarkable – Gabby



A member of the New Patriotic Party (NPP), Gabby Asare Otchere-Darko, has lauded the government and, indeed, the Finance Minister for the swiftness with which the staff-level agreement (SLA) with the International Monetary Fund (IMF) was secured.

Ghana wrote to the IMF on Friday, July 1 to seek an extended credit facility (ECF) to save the country from economic downturn.

Within five months negotiations have been completed and a staff-level agreement reached.

The agreement was announced on Tuesday, December 13 at a joint press conference in Accra

Taking to Twitter, Mr Otchere-Darko, who sometimes serves as a lawyer to the Finance Minister, described the time frame for the conclusion of negotiations as “remarkable”.

He, however, could not stop short of praising Ken Ofori-Atta for keeping focus when detractors were “pushing the fake narrative that IMF had no confidence in the head of the Ghanaian team”.


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