Ghana will thrive beyond IMF Programme – Deputy Finance Minister

Deputy Minister of Finance, Thomas Ampem Nyarko, reaffirmed the government's commitment to fiscal discipline. He emphasized steering Ghana's economy without relying on the International Monetary Fund (IMF).

In an interview with Joy FM, Mr. Nyarko discussed President John Dramani Mahama’s eight economic pillars. He stated that this policy framework is strong and adaptable. It can include other national priorities, like fighting corruption.

Mr. Nyarko assured everyone that the eight points could expand to address corruption. He said, “We’ve made strong statements about our commitment to fighting corruption.” He added that the omission of corruption does not reflect a lack of commitment from the President.

The Deputy Minister highlighted that focusing on Public Financial Management (PFM) shows intent to tackle corruption. He noted that if every issue were included, the list could exceed a hundred points. The key is that these pillars are expandable and can evolve based on citizens' concerns.

Regarding the IMF program, Mr. Nyarko acknowledged initial skepticism about its implementation. Concerns arose after inheriting missed targets related to inflation and primary balance. However, he stated that this government has shown clear commitment to successful implementation of the program.