President Nana Addo Dankwa Akufo-Addo has admitted that the government’s engagement with the International Monetary Fund (IMF) may affect the timely completion of some capital projects.
He said part of the conditionality with the IMF may require disruption in some of the government’s infrastructure programmes.
However, speaking at a meeting with the Western Regional House of Chiefs at the Jubilee House on Monday, President Akufo-Addo said the IMF balance of payment support will go a long way to help the country.
He gave assurance that capital expenditure projects will continue but may experience some delays.
“We need to ensure that all capital expenditure projects are completed, but there will be some temporary delays while we are making the agreements with the IMF, and that is what we are experiencing now but at the end of the day we will get an arrangement that allows us to continue the projects.
Some of the major projects likely to be affected are the construction of the Agenda 111.
