Ghana's problems couldn't be solved by e-levy, so Akufo-Addo told the Finance Minister to ask the IMF for help.

 It looks like Ghana's problems are too big for the powerful E-levy policy to fix. Akufo-Addo has asked the finance minister, Ken Ofori-Atta, to ask the International Monetary Fund (IMF) for money. 

According to a statement signed by Information Minister Kojo Oppong Nkrumah and dated July 1, 2022, President Akufo-Addo and IMF head Kristalina Georgieva talked on the phone on July 1, 2022.

A statement from the Ghanaian government says that the President of the Republic, Nana Addo Dankwa Akufo Addo, has given permission for the Finance Minister, Ken Ofori-Atta, to start formal talks with IMF officials to ask the Fund to support a government economic plan. 

During a meeting on June 30, 2022, Cabinet agreed with the government's plan to use a Fund economic program. 

A statement from Ghana's Ministry of Finance says that the country's participation in the IMF is meant to help the country recover from the COVID-19 epidemic and the situation between Russia and Ukraine. 



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