President Akufo-Addo has disclosed that his government will begin rigorous expenditure cuts to meet the conditionalities attached to the $3 billion bailout by the International Monetary Fund (IMF).
President Akufo-Addo said his government is eager to turn the fortunes of the country around and will do everything possible to ensure that the ailing economy is revived.
Speaking at the Qatar-Africa Economic Forum in Doha, President Akufo-Addo expressed confidence that the IMF bailout will help revive the Ghanaian economy.
President Akufo-Addo added that Ghana will soon return to the international market to borrow to fund important infrastructural projects.
He added that even though his government is in no rush to return to the international market it makes sense to take advantage of the market now.
