7 February 2017

Ghana Seeks Enhanced Relationship With China - Finance Minister

Photo: Haha169 /Wikipedia
A large temporary monument in Tiananmen Square marking the 90th anniversary of the Chinese Communist Party. The Forbidden City can be seen in the background.

Accra — Ghana's new government seeks to develop an enhanced relationship with China, Minister for Finance Kenneth Ofori-Atta said here late Sunday.

According to him the government would be holding its second meeting with the Embassy of China in Ghana on Monday to discuss ways of further cooperation.

"We will be holding our second meeting with the Chinese Embassy since we came to government tomorrow, Monday to hold discussions on enhanced relations," the finance minister disclosed.

Addressing a selected group of media houses here, Ofori-Atta said the purpose of engaging with China is to see ways China would support the government and the country's economic direction.

Ofori-Atta who is expected to present the new government's first budget in March also indicated that his team would be holding discussions with the International Monetary Fund (IMF) with whom Ghana has a three-year Extended Credit Facility (ECF) which ends in April 2018.

He said the team would discuss with IMF on how fiscal consolidation will be achieved under the program targets.


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