The group is anticipated to meet officers of the Finance Ministry, the Economic Management Team, and the Presidency in the course of their stay in the West African country.
The Ministry of Information on Friday, July 1,
2022, announced that President Nana Addo Dankwa Akufo-Addo had authorized Ghana
to start engagements with the IMF for a bailout.
The ministry stated the Minister for Finance, Ken
Ofori-Atta will be leading the negotiations from the Ghanaian side with the IMF
in the coming days.
This information has been greeted with mixed
feelings, as it comes after the Akufo-Addo-led administration had on many occasions
promised in no way to go underneath an IMF programme.
The team from the IMF will consist of senior officers from the Fund and
some of their personnel based in Ghana.
Analysts propose that it would take at least 90
days for a programme to be agreed upon between the parties.
Details of the bailout programme and its conditionalities
will all be announced after the meeting.