I only said we’ll seek additional IMF funds if need be – Finance Minister-designate

The Finance Minister-designate, Dr Cassiel Ato Forson, has denied stating emphatically that the new government would be requesting additional funding from the International Monetary Fund (IMF) despite Ghana's ongoing programme with the Bretton Woods institution.

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The Finance Minister-designate, Dr Cassiel Ato Forson, has denied stating emphatically that the new government would be requesting additional funding from the International Monetary Fund (IMF) despite Ghana’s ongoing programme with the Bretton Woods institution.

Speaking during his vetting before the Appointments Committee of Parliament on Monday, January 13, Dr Forson clarified that his comments had been misrepresented in media reports.

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“I didn’t say I was going to request additional finance from the IMF,” he stated. “It’s inaccurate reportage. What I said was that we could request additional finance if the need arises.”

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Dr Forson emphasised that his remarks were merely speculative and contingent on future developments.

The Finance Minister-designate explained that his statement was intended to underscore the importance of flexibility in managing the nation’s economic affairs.

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He argued that the possibility of seeking additional IMF support should not be ruled out entirely, but such a decision would only be taken if circumstances warranted it.

Dr Forson urged the media to exercise caution in reporting his statements to avoid unnecessary public misinterpretation.

He reaffirmed his commitment to prudent financial management and pledged to explore all viable options to ensure economic stability for the country.

Source: myjoyonline.com

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