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You can't place restrictions on import - IMF to Ghana Government - MyJoyOnline

You can't place restrictions on import - IMF to Ghana Government - MyJoyOnline

The International Monetary Fund (IMF) has made it clear to the Government of Ghana that it cannot impose or intensify import restrictions for balance of payments purposes.

“No imposition or intensification of import restrictions for balance of payments reasons”, the Fund stressed on page 76 of the programme document.

No imposition or intensification of restrictions on making payments and transfers for current international transactions.

No imposition or intensification of import restrictions for balance of payments reasons.

before parliament, which sought to place the importation of 22-listed products under restrictions

While Ghana needs over $500 million to import rice, the trade minister says the importation of ‘yemuadie’ cost the state some $164 million in imports.

Tags:   Ghana IMF Import K.T Hammond

Original Story on: MyJoyOnline
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