The Managing Director of the International Monetary Fund (IMF), Ms Christine Lagarde, has observed that the Ghanaian economy is in a better place than it was two years ago.
She said the IMF-supported programme had been an anchor for orderly economic adjustment and a positive signal to the market.
During that period, Ms Lagarde said, the Ghanaian authorities had made important gains towards macroeconomic stability, including inflation, which had declined to a single digit and now within the Bank of Ghana’s (BoG’s) tolerance band; buoyant growth, averaging about five per cent between 2015 and 2018 (and over six per cent in 2017-18) and a primary surplus in 2017 for the first time in 15 years.
In an email response to the Daily Graphic’s questions ahead of her maiden visit to Ghana, Ms Lagarde said the programme, which ends this December, served as “an anchor for orderly economic adjustment and a positive signal to the market”.
She underscored the need for Ghana “to preserve those gains” for the progress of the country and the citizens in particular.
Ms Christine Lagarde is currently in Ghana for a two day visit.
Her itinerary involves her participation in a sub Saharan African conference to be hosted in Accra today [December 17, 2018].
The conference looks at the future of work within the sub region and how leaders can work to provide jobs for the growing population.
Later, she will hold bilateral talks with President Akufo-Addo.
Ahead of her departure tomorrow, she will give a key note address in a seminar to be attended by key government officials, NGOs, civil societies, among others.
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