"The posture of the President Akuffo Addo led government does not depict a nation that is facing financial crises, things must change or the economy of the country would crash as stated by the finance minister", a financial consultant has stated.

In an interview with Sompa FM in Sunyani, Mr Bernard Ofori Adjei indicated that the nation's efforts to get support from the Britton Wood institution may not materialize in the month of March.

Ghana is optimistic about concluding the ongoing negotiations with the International Monetary Fund (IMF) to get the support of the fund by March.

IMF staff and the Ghanaian authorities reached staff-level agreement on economic policies and reforms to be supported by a new three-year arrangement under the Extended Credit Facility (ECF) of about US$3 billion in December 2022.

The financial consultant noted, "Ghana Government must meet the steering committee of China to either reach an agreement with them. Ghana owes China $1.7 billion which represent a huge part of the total external debt portfolio."

"The Chinese would either have to forgive Ghana of her debt or swap both the interest and maturity period for us."

"Upon all this challenges confronting the nation, the posture of the government does not depict the fact that we are in crises."

Source: Ghana/Sompaonline.com/Akua Nyarko