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Ghana Terror Alert IMF postpones visit to Ghana over terror threats

The visit by the IMF mission would have been the third review of Ghana’s performance under the programme. 

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International Monetary Fund play

International Monetary Fund

The internal security unit of the IMF has advised the mission to postpone its visit to Ghana to review  Ghana’s performance under the country’s bailout program, which was initially scheduled for today.

A leaked memo from the security operatives in the country last week confirmed that Ghana and Togo are the next target for Islamist militants, following high-profile attacks this year in Burkina Faso and Ivory Coast.  The memo called for better border protection.

The visit by the IMF mission would have been the third review of Ghana’s performance under the programme.

READ MORE: Ghana's economy IMF Boss asks Ghana to commit to review process

Leader of the IMF mission to Ghana, Joel Toujas Benarte, the country is on track so far in meeting most of the targets set under the three-year program that will see almost one billion dollars released to Ghana by 2017

So far Ghana has passed all the two reviews, resulting in the disbursement of  over 300 million dollars to the country.

The review by the IMF mission is seen by many as critical because if government passes the test, it will not only pave the way for the release of about 116 million dollars but convince investors that government is on track to stabilizing the economy and implement programs, especially, in election an year, to march revenue with expenditure and control the rising debts.

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