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Domestic debt exchange program saves Ghana $12 billion—Finance Minister

Ghana’s Finance Minister, Dr. Mohammed Amin Adam, has revealed that the successful implementation of the Domestic Debt Exchange Programme (DDEP) has saved the country...
HomeRelationship & LifestyleYour leadership essential in sustaining Ghana’s reform effort - IMF welcomes Amin...

Your leadership essential in sustaining Ghana’s reform effort – IMF welcomes Amin Adams

The International Monetary Fund (IMF) has expressed its commitment to support Ghana’s new Finance Minister, Mohammed Amin Adam, in executing reforms aimed at rehabilitating Ghana’s economy. 

Ghana has been under an IMF bailout programme since May 2023.

In a congratulatory letter to the new Finance Minister, the Executive Director of the IMF, Kristalina Georgieva, intimated that Mr Adam’s leadership would be essential in sustaining the nation’s reform effort while extending the current gains made by IMF programme towards economic stabilisation.

“Your leadership will be essential in sustaining Ghana’s reform effort and in further extending the current momentum of compelling programme performance and gradual economic stabilization. Please accept my best wishes of your new at a critical moment in Ghana’s history,” the letter said.

Mohammed Amin Adam takes over from Ken Ofori-Atta who was Ghana’s Finance Minister from 2017 to February 14, 2024.

He was reshuffled out of office on Wednesday.