Govt to receive $6.2bn from multilateral partners – Ofori-Atta

Finance Minister, Ken Ofori-Atta has disclosed that the government is expected to receive about $6.2 billion from its multilateral partners between 2023 and 2026.

Ofori-Atta indicated that the government is committed to following through with the reforms and expects a total of $2 billion from multilateral partners by the year ending 2023.

Backed by the renewed drive for reforms, the government is working towards securing significant support from our multilateral partners.

“Altogether, and including the IMF funds, World Bank and AfDB support, we expect multilateral support of about US$2.0 billion for 2023 and US$6.2 billion between 2023 and 2026

We expect the World Bank to provide a total support of US$1.6 billion whilst the AfDB provides a total support of US$200 million over the programme period.”

The Minister further disclosed “we expect to mobilize catalytic funding of US$30 million in 2023 and US$330 million between 2023 and 2026 from bilateral creditors.”