Former Finance Minister, Dr. Kwabena Duffuor, has urged government to consider going to the International Monetary Fund (IMF) for a bailout but adds it must be negotiated well.
The opposition National Democratic Congress had advised the government to go to the IMF in order to salvage the economy from collapse rather than banking on its hopes on the Electronic Transfer Levy (E-levy).
Government has however rejected the suggestion.
Speaking to Nana Aba Anamoah on Starr Chat as quoted by Starrfm.com.gh, Dr. Duffuor reiterated the need for the government to act fast with the IMF option before the economy ge ts bad.