By Roselyn Gayaglo
Ghana has met five out of seven structural benchmarks under its International Monetary Fund (IMF), program as of October 2024.
Finance Minister, Dr. Mohammed Amin Adam, outlining the missed targets, disclosed some strategies to ensure the smooth execution of a new methodology for the cedi reference rate and the cleaning of the taxpayer register, which is now slated for completion by December 2024.
He said that despite the challenges, government has doubled benefits under many social interventions, which were also increased to cushion vulnerable groups.
Addressing the media at a Monthly Economic Update in Accra, Dr. Amin Adam underscored government’s commitment to social protection amidst fiscal reforms.
