IMF
IMF

Ghana has officially requested a support package from the global lender, the International Monetary Fund (IMF), to support its fight against the COVID-19 pandemic, the fund has said in a release.

It said Ghana had written to the fund to request a disbursement under the Rapid Credit Facility (RCF) to help the country address the economic impact of the COVID-19 pandemic.

“We are working hard to evaluate the authorities’ request and bring it forward for executive board consideration as soon as possible,” the statement said.

A day before Ghana announced its first two cases of COVID-19, President Nana Addo Dankwa Akufo-Addo had promised to cause the disbursement of a fund of 100 million U.S. dollars for the financing of the fight against COVID-19.

Later, the minister for finance Kenneth Ofori-Attah told members of the parliament that the country did not have the funds, and would need to fall on the Breton Woods institutions for support to finance the fight against the pandemic. Enditem

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