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IMF delegation visit Ghana for high level conference
A DELEGATION from the International Monetary Fund visited Accra during May 29- 31 to participate in a high level conference on financing for development. At the end of the visit, Mr. Abdoulaye Bio- Tchané, Director of the African Department, made a statement in Accra: "I am grateful for the opportunity to have met with His Excellency, President Kufuor of Ghana, the Minister of Finance and Economic Planning Baah-Wiredu, Bank of Ghana Governor Acquah, and other senior officials.
We also met with the representatives of civil society and development partners. "Our discussions with the Ghanaian leadership were productive and useful, as Ghana's economic performance in the last several years has been strong, thanks to sound economic policies and structural reforms in a supportive global economic environment. Growth has increased, inflation has declined, and the external position is reasonably comfortable.
"Ghana is beginning to win the fight against poverty. The poverty headcount declined from around 52 percent in 1991/2 to 28.5 percent in 2005/6. At the current pace, Ghana will likely achieve the Millennium Development Goal (MDG) of halving poverty well before the target date of 2015."
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