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“We should not dwell on the past”; “economy is on path of revitalisation” – Ofori-Atta

by Newsroom
22 May 2023
in Business
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Finance Minister denies plans of second round of domestic debt exchange
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The Finance Minister, Ken Ofori-Atta, has stressed that Ghana should focus on the present and future instead of dwelling on the past, acknowledging that new initiatives are being implemented.

He emphasizes that the government is prepared for this approach and believes that Ghana is actively moving towards both economic recovery and rejuvenation.

“Indeed, I think we have to move ahead, and as the good book says, we should forget the former things, we should not dwell on the past and see that new things are being done, and we are ready for that”.

During a recent press briefing hosted by the International Monetary Fund, Mr. Ofori-Atta expressed the government’s commitment to assisting the Fund in accomplishing its desired goals within the Fund-support program. He emphasized that by working together, the people of Ghana will overcome their current difficulties and emerge even more resilient.

Mr. Ofori-Atta also mentioned that there are promising prospects on the horizon. He expressed confidence in Ghana’s ability to attain those prospects, drawing upon past experiences and emphasizing the government’s readiness to establish a benchmark for others to emulate.

The Finance Minister also acknowledged the pivotal role of the country’s bilateral partners, especially members of the G20, Common Framework, the Paris Club, the G7 and the support by India, Saudi, China, and Turkey, which he described as have been really tremendous in bringing Ghana his far.

“The financial assurances that were delivered last Friday, May 12th, 2023, were instrumental in securing yesterday’s Board approval; and we, truly, do thank all of them for that.

“Clearly, it’s also a signal that a common framework can be made to work and we look forward to just following through”, he added.

Tags: GhanaIMFKen Ofori-Atta
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