The President and Chair of the Board of Directors of the US Export-Import Bank (US EXIM), Reta Jo Lewis, is in Ghana to discuss Ghana’s economy and how US EXIM Bank could help to improve the private sector participation in the economy.
Reta Jo Lewis and his team paid a courtesy call on Finance Minister Mr Ken Ofori-Atta.
They discussed Ghana’s economy, financial sector, energy, in particular, power generation, transmission and distribution, among others.
Mr Ofori-Atta briefed the team on Ghana’s economic trajectory since 2017 and the current situation with the International Monetary Fund (IMF) post-COVID-19 programme.
He said Ghana has made a lot of progress with the Fund’s programme, having successfully undergone the first review and is looking forward to a positive response from the Fund and the Paris Club.
The Minister expressed appreciation to the US EXIM Bank for facilitating trade and investment between Ghana and the US.
On her part, Reta Jo Lewis reiterated the solid relationship between Ghana and the Bank and commended Ghana for the progress with the IMF programme and the economy in general.
She pledged the bank’s support to Ghana during this challenging time and was hopeful that this visit would further enhance the relationship between Ghana and the US EXIM Bank.
US EXIM Bank plays a vital role in facilitating trade and investment between Ghana and the United States. It offers a variety of financing and insurance services to Ghanaian companies and US exporters, enabling them to access new markets and opportunities.
EXIM Bank also supports infrastructure projects in Ghana, such as those related to energy, transportation and telecommunications.
Joyce Adwoa Animia Ocran, ISD