IMF simply choice to rescue economy assuming local arrangements come up short - John Kumah
In spite of steady confirmations by the public authority that going for an International Monetary Fund program was not piece of the systems it embraced to diminish the misfortunes of the economy, Deputy Finance Minister Dr John Kumah has implied that the nation might think of it as all things considered.
As per him, this might occur on the off chance that the local arrangements the public authority is proposing don't work.
"On the off chance that it [bringing the economy back to life] becomes incomprehensible, rescuing our economy is the main other option. Be that as it may, where we are currently, we assume we are in the situation to rescue the economy or to attempt the local arrangement we are embracing".
"In the event that our projects bomb us and we can't get the certainty and the outcomes in the financial space discipline, which we need to force on ourselves, then we don't have a decision."
Financial experts and examiners have recommended that Ghana ought to consider pursuing an IMF program to assist manage difficulties in the economy.
However, government had expressed decidedly that an IMF program was impossible.
In any case, the Deputy Minister noticed that the discussion on applying for an IMF program ought not be founded on legislative issues yet on the most proficient method to assist the economy with bouncing back.
"There's really no need to focus on governmental issues with regards to the economy. Be that as it may, for COVID-19, it is basically impossible that we ought to examine IMF at this point."
"At the point when President Akufo-Addo picked this economy and began developing it with a normal of 7%, we perceived how the economy was doing so well", he expressed.
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