Isaac Adongo, MP for Bolgatanga Central and a board member of the Bank of Ghana, says Ghana's recent fourth review with the IMF has yielded positive signs-though the road to economic recovery is far from over. "The IMF is comfortable with our trajectory.
We've met critical benchmarks and introduced bold reforms.
That's why we're expecting the next tranche in June," he said in a detailed interview on GHOne TV monitored by MyNewsGh.
Adongo admitted that the current administration inherited a massive arrears crisis, with previously undisclosed commitments swelling the public debt. "We discovered over 45 billion in arrears-more than what the IMF assumed.
