A nine-member team from Ghana’s Parliament has arrived in Washington DC as part of the country’s delegation to the 2023 IMF/ World Bank Spring Meetings. The delegation is being led by the MP for Obuasi West and the Chairman of the Finance Committee in Parliament, Kwaku Kwarteng.
The team includes the Vice-Chair of the Finance Committee and MP for Okaikoi Yaw Boamah, Minority Leader in Parliament, Cassiel Ato Forson, Member of Parliament for Oforikrom, Dr. Emmanuel Marfo, Kennedy Osei Nyarko, Chairman of the Roads and Transport Committee and MP for Mpraeso, Davis Ansah Opoku, MP for Mpraeso, Elvis Morris Donkoh, MP for Abura-Asebu-Kwamankese, and Betty Nana Efua Krosbi Mensah, MP for Afram Plains North.
In an interview with Accra-based Asaase Radio, Dr. Marfo highlighted the importance of the meeting for Parliament, stating: “Whatever priorities that the government have, we need to make sure that there is an appropriate budget for them.
And we will also make sure that whatever commitment government makes, we are able to follow through to make sure they are done.”
The Ghanaian delegation is led by Finance Minister Ken Ofori-Atta, finance ministry and Bank of Ghana officials. Ofori-Atta and his team will be seeking to secure assurances from bilateral and multilateral lenders with the view of getting IMF Board approval for a US$3 billion facility.
Ghana’s government has already secured a staff-level agreement since late last year. It is completing external debt restructuring after a contentious domestic debt deal was agreed upon months back.
The Ghanaian delegation is expected to participate in various meetings and events during the Spring Meetings to discuss global economic issues, including ways to tackle climate change and inequality.