We’ll be back on the capital market to borrow more- Prez Akufo Addo Insists
He said this at a one-on-one meeting at the Qatar Economic Forum on Wednesday, May 24, 2023, that signing the IMF agreement provides the foundation for Ghana’s economic recovery.
Freeman Koryekpor 
After a successful program with the International Monetary Fund (IMF), President Nana Addo Dankwa Akufo-Addo is thrilled that his government will be allowed to return to the capital market to borrow additional money.
He said this at a one-on-one meeting at the Qatar Economic Forum on Wednesday, May 24, 2023, that signing the IMF agreement provides the foundation for Ghana’s economic recovery.
“However, it’s over, and now we think that it will serve as the strong foundation for repositioning the economy and guiding it in order to first return the lost micro stability.
“Secondarily, we will be able to have a better control over important data like the interest rate, inflation and then position us to be able to go back into the international capital market, which has been a source of finance for us for the first three or four years of our government,
“There is no urgency to return, but certainly, why can’t we benefit from global savings? The sooner we can do that, the better, he thought. “It makes a lot of sense to be able to do that.
He also commended Ghana for securing its facilities in a record-breaking 10 months.
“In reality, the 10 months that the Ghanaian program took to complete was one of the quickest on record. The exchange of data, agreements, and ensuring that the micro indices you’re looking for are moving in the proper direction are just a few of the many processes it must go through," he said.
