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Fiscal consolidation and economic recovery programme: Ghana and the ADB sign an agreement

10/11/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The Ministry of Finance of Ghana announced on Thursday, November 9, that the country has signed a grant agreement with the African Development Bank (AfDB). This donation will support its fiscal consolidation and economic recovery program.

The agreement signed between the AfDB and Ghana is worth 02.6 million dollars. According to the AfDB representative, Jerusalem Fasika, the planned program will facilitate, in a press release, “the government's economic recovery reforms by improving public finances, increasing productivity and creating jobs.” The program complements the expanded credit facility currently under way with the International Monetary Fund.

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