The Finance Minister Dr Mohammed Amin Adam has stated that Ghana has made great economic progress over the past year and the only way is forward and upward.Dr Amin Adam said he had rich discussions with the International Monetary Fund (IMF) and the World Bank, who are Ghana's development, bilateral and other partners in Washington D.C ahead of the IMF Meetings last week.In a position his X page after the discussion, he stressed that "I am excited about theGhana has made great progress over the past year and the only way is forward and upward! "Dr Amin Adam further highlighted intra-African trade as a catalyst for economic growth, job creation, and poverty reduction.He stressed the commitment of African governments to surmounting all impediments, with the support of the International Moneyray Fund and the World Bank.Key to this effort, he said, is a unified intra-continental payment system that leverages financial inclusion and harmonized trade routes, to ensure an inclusive @AfCFTA implementation, leaving no country or individual behind.He said this while speaking at the @WorldBank African Caucus Meeting chaired by President Ajay Banga, last week.Speaking at the @WorldBank African Caucus Meeting chaired by President Ajay Banga, I highlighted intra-African trade as a catalyst for economic growth, job creation, and poverty reduction, stressing the commitment of African governments to surmounting all impediments, with the… pic.twitter.com/j1C4tupEpD- Office of the Finance Minister-Ghana (@oofmghana) October 22, 2024Dr Amin Adam further noted that notwithstanding the great progress made in recent decades, Africa still experiences a significant infrastructure gap.This, he said, was partly due to the perception of risk, which has long hindered the ability to access affordable capital to bridge the gap."At a roundtable on the sides of the @IMFNews, @WorldBank #AnnualMeetings, hosted by AcetforAfrica, AfricanUnion, I shared that it is imperative that issues of risk perception are addressed head on, to open up Africa's access to affordable capital for large infrastructure projects.
Central to this effort is the development and strengthening of continental financial institutions that would lead Africa into the global market place." Notwithstanding the great progress made in recent decades, Africa still experiences a significant infrastructure gap, partly due to the perception of risk, which has long hindered our ability to access affordable capital to bridge the gap.
At a roundtable on the sides of the… pic.twitter.com/TtuF5Moeky- Office of the Finance Minister-Ghana (@oofmghana) October 23, 2024