IMF deal will not be extended – President Akufo-Addo

President Akufo Addo has emphatically stated that his government will not extend the deal with the International Monetary Fund (IMF).

He says his government will not extend the program which ends in April 2018.

President Akufo-Addo stated this in response to a question at the Presidential Encounter with the media at the Flagstaff House.

“Typically in April next year, it will be completed under this government,” he stated.

He said the deal is expected to be concluded with the 2018 budget to be presented to Parliament in November 2017.

“The program will be coming to an end next year April with the budget that will be announced in November this year.” he remarked.

In 2015, Ghana entered into an agreement with the International Monetary Fund for economic assistance.

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