{"id":65675,"date":"2025-06-23T14:51:08","date_gmt":"2025-06-23T14:51:08","guid":{"rendered":"https:\/\/sotnews.agency\/?p=65675"},"modified":"2025-06-23T14:51:08","modified_gmt":"2025-06-23T14:51:08","slug":"commitment-to-fiscal-responsibility-key-to-economic-stability-stanbic-banks-oforiwaa-attipoe","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=65675","title":{"rendered":"Commitment to fiscal responsibility key to economic stability \u2013 Stanbic Bank\u2019s Oforiwaa Attipoe"},"content":{"rendered":"
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Stanbic Bank Ghana\u2019s Manager of Global Market Sales, Oforiwaa Attipoe, is optimistic about Ghana\u2019s chances of securing the fifth tranche of the International Monetary Fund (IMF) loan, a move expected to further stabilize the economy and strengthen the Ghanaian cedi.<\/p>\n

In an exclusive interview with CNBC Africa, Mrs. Attipoe noted that Ghana has met all the conditions outlined under the ongoing IMF-supported program, signaling disciplined economic management and a clear commitment to fiscal responsibility.<\/p>\n

She added that the expected board approval for the $360 million disbursement would be a significant vote of confidence in the country\u2019s recovery efforts. \u201cGhana has adhered to all program parameters successfully, reflecting disciplined economic management and the nation\u2019s commitment to fiscal consolidation,\u201d she said.<\/p>\n

The anticipated disbursement, which follows a staff-level agreement reached in April, will bring Ghana\u2019s total receipts under the IMF program to approximately $2.3 billion. Two more tranches remain before the program concludes in 2026.<\/p>\n

Mrs. Attipoe stressed that the consistent achievement of program milestones, such as falling inflation and improved liquidity, shows that Ghana is on the right track. \u201cThese indicators are not just numbers, they point to an economy that is beginning to respond positively to sound policy measures,\u201d she noted.<\/p>\n

Ghana\u2019s engagement with the IMF has been aimed at restoring macroeconomic stability following challenges including currency depreciation, inflation spikes, and fiscal imbalances. The fifth tranche is expected to support continued reforms and strengthen investor confidence.<\/p>\n

Meanwhile, President John Mahama has assured that while Ghana plans a smooth exit from the IMF arrangement, long-term economic stability remains a top priority. The government is currently exploring domestic financing options and international market opportunities to continue building on the progress made.<\/p>\n

With commodity prices favorable and the cedi showing signs of resilience, Mrs. Attipoe believes that continued adherence to fiscal discipline will be key in securing Ghana\u2019s economic future.<\/p>\n<\/div>\n

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Stanbic Bank Ghana\u2019s Manager of Global Market Sales, Oforiwaa Attipoe, is optimistic about Ghana\u2019s chances of securing the fifth tranche of the International Monetary Fund (IMF) loan, a move expected to further stabilize the economy and strengthen the Ghanaian cedi. In an exclusive interview with CNBC Africa, Mrs. Attipoe noted that Ghana has met all […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-65675","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-blog"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/65675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=65675"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/65675\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=65675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=65675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=65675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}