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Business News of Wednesday, 15 January 2025

    

Source: www.ghanawebbers.com

IMF boss hails Akufo-Addo’s economic reforms, COVID-19 fight

Kristalina Georgieva praised the proactive measures undertaken by Akufo-Addo’s government Kristalina Georgieva praised the proactive measures undertaken by Akufo-Addo’s government

IMF Managing Director Kristalina Georgieva has commended former President Nana Addo Dankwa Akufo-Addo for his administration’s economic reforms and adept handling of the COVID-19 pandemic.

In a letter marking the end of his tenure, Georgieva praised the proactive measures undertaken by Akufo-Addo’s government, which she described as essential for mitigating the pandemic's impact and maintaining macroeconomic stability.

She acknowledged the administration’s collaboration with the IMF, highlighting its role in strengthening Ghana’s economic resilience. Georgieva also credited Akufo-Addo’s advocacy for sub-Saharan Africa during the pandemic for mobilizing critical resources.

The successful third review of the IMF-supported program and progress toward restoring macroeconomic stability were noted as testaments to the administration's commitment to reforms, laying a solid foundation for Ghana’s future.