The conditions that have compelled the Akufo-Addo administration to go to the International Monetary Fund (IMF) for support are completely different from the situation that existed previously when Ghana went to the Fund in 2014/15, Information Minister Kojo Oppong Nkrumah, has said. He explained that it is not about the domestic economic management rather, it is about an international crisis-induced phenomena that ...
Read More »POLITICS
Blame minority caucus for Akufo-Addo’s resort to IMF bailout; they frustrated e-levy for 6 months and gloating over it – Otchere-Darko
President Nana Akufo-Addo’s cousin, Mr Gabby Asare Otchere-Darko, has said the minority caucus in parliament is to blame for the government’s resort to the International monetary fund for a bailout. “We had a major way of raising revenue which had been frustrated for six months. The point is: yes, there were challenges, but the government came up with its policies ...
Read More »IMF can’t solve our problems if you don’t cut down profligate spending – Arise Ghana to Akufo-Addo
Pressure Group, Arise Ghana has said Ghana’s resolve to seek economic bailout from the International Monetary Fund (IMF) would not yield any positive results if the President and his government does not cut down on its profligate spending. “It is important to remind the government that until and unless, the President and his government makes a conscious effort to cut ...
Read More »Withdraw e-levy if you’re seeking IMF bailout – Arise Ghana to gov’t
Pressure Group, Arise Ghana has called on the Akufo-Addo-led government to withdraw the E-levy immediately since it has opted to seek economic bailout from the International Monetary Fund (IMF) in the wake of the poor performance of the economy. According to Arise Ghana, the E levy was introduced to prevent the government from seeking IMF bailout but if the same ...
Read More »Appoint Kwame Pianim to lead negotiation with IMF – Adongo tells govt
Bolgatanga Central Member of Parliament Mr Isaac Adongo has proposed to the government to put together a team of experts to be led by an economist Dr Kwame Pianim for the negotiations with the International Monetary Fund (IMF). He said Finance Minister Ken Ofori-Atta and the Minister of State at the Ministry of Finance Charles Adu Boahen should not be ...
Read More »Where Ghana finds itself currently, an IMF programme will help faster recovery – John Kumah
A Deputy Minister of Finance, Mr John Kumah has said an International Monetary Fund (IMF) programme will help the country to come out from the economic challenges faster. He said the government hopes that the programme will benefit the country. “Our objective as government is to restore confidence in the economy and rebound it from the difficulty, from the challenges, not only in ...
Read More »Let’s negotiate well for better conditions – Stephen Amoah on IMF
Member of Parliament for Nhyiase, Dr Stephen Amoah has said the government must negotiate with the International Monetary Fund (IMF) in such a way that the conditions that will be given are not extreme. The Member of Finance committee justified the decision to go the IMF after saying the challenges that confront the Ghanaian economy are global. Speaking on the ...
Read More »Akufo-Addo’s IMF decision deserves our respect & support – NPP Comm. Dir.
The Communications Director of the New Patriotic Party (NPP), Yaw Buaben Asamoa, has admitted that the decision by the government to go to the International Monetary Fund (IMF) for a bailout is the best policy option under the current economic circumstances. He, therefore, calls on Ghanaians to rally behind the government in the decision taken. “That decision deserves our respect ...
Read More »Akufo-Addo going to IMF is not victory for persons who said he should, it’s a day of sadness – Joe Jackson
Chief Operations Officer at Dalex Finance, Mr Joe Jackson, has said implementation of the conditions that will be given by the International Monetary Fund (IMF) to Ghana will come along with pains. He explained that the country cannot get out of the situation without going through pains to implement the yet-to-be determined conditions. Speaking in an in interview with TV3’s Martin Asiedu-Darteh ...
Read More »The people leading Ghana to IMF can’t ‘break the 8’ – Ken Agyapong
The Member of Parliament for Assin Central, Kennedy Agyapong has said the New Patriotic Party cannot win the 2024 elections with people leading the nation to the International Monetary Fund (IMF) for a financial bailout. Speaking at an on-going NPP National Constituency Officers Welfare workshop at Koforidua in the Eastern Region Friday, Mr Agyapong expressed disgust about the move by ...
Read More »