Posted 3/20/2024, 1:02:03 AM
IMF Chief: Ghana's Road to Economic Stability Will Require Extremely Painful Reforms
- Ghana's path to economic stability under IMF program will be painful, per IMF Managing Director
- IMF encourages Ghanaians to moderate expectations and make sacrifices amid reforms
- Taxes and levies introduced to raise revenue, some walked back after public backlash
- IMF Managing Director cites her country's experience with "extremely painful" measures
- Government urged to focus spending on education, infrastructure over debt service
