How can West Africa benefit most from the extractive industries?

Remarks by K.Y. Amoako at the IMF West Africa Extractives Forum

Honorable Ministers,

Ladies and gentlemen,

It’s a true pleasure to participate in this important event. I want to thank Natalia for the kind invitation. ACET and the IMF have a long and robust partnership, which has only grown under Natalia’s leadership of the IMF office in Accra. [Personal anecdote/ KY ad libs here?]

The topic of my address today — how West Africa can benefit the most from extractive industries — actually can be boiled down two words: economic transformation. There you have it: the question is answered! Problem solved!

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