Mahama rejects 'kenkey and waakye party' celebration over IMF programme completion
President John Mahama said on Saturday, May 23, in the Savannah Region that his government will not celebrate prematurely following the completion of Ghana's International Monetary Fund (IMF) programme, insisting that the country's economic recovery remains a work in progress. He stated, "But we are not going to have a kenkey party because we believe that it is still a work in progress."
President Mahama said the IMF programme was at risk of derailing when his administration assumed office because key performance indicators agreed under the programme had gone off track. He explained that the government had to implement stringent measures during its first quarter in office to realign the programme and restore confidence. He said, "At the time we took over from the previous government, all the agreed performance indicators were off track."
President Mahama reiterated the government's commitment to maintaining fiscal discipline and implementing policies aimed at achieving long-term economic stability and sustainable growth.
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President Mahama says his government won't celebrate the completion of Ghana's IMF program. He insists that while the program was restored after inheriting it, more work is needed - but what kind of work?
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