Remarks Delivered by IMF Deputy Managing Director, Min Zhu at a Media Briefing Held at the Mövenpick Hotel, Accra, Ghana - 2nd February, 2016
This is a crucial time for this country. For many years, Ghana stood out as a model for democracy and social stability. Your achievements in reducing poverty levels, improving the welfare of most vulnerable and providing key social services such as health and education were noticed in the region. But the past few years have been characterized by uncertainty and challenges: fiscal and external imbalances, depressed commodity prices, a growing public debt, high inflation and a weakening currency are creating a difficult outlook for the country.