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May 17th , 2024

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OFORI-ATTA HAS NOT DEMONSTRATED NEED TO LOOK FOR MONETARY HELP FROM IMF - OPPONG NKRUMAH

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A year ago

 

The Information Minister says the Finance Minister has shown the readiness to utilize local approaches to manage the country's ongoing financial difficulties in spite of reports of him falling back on the International Monetary Fund (IMF).

 

Kojo Oppong Nkrumah says Ken Ofori-Atta has shown plainly that there are local estimates that can assist with moving the nation out of the ongoing monetary difficulties.

 

He made sense of that some other choice might be taken after current information on the economy is finished.

 

"The individual liable for financial strategy in this nation has been very certain that he accepts that there are clear homegrown measures that can respond to similar inquiries for us. I trust him.

 

"We are furthermore going through a course of evaluation of the information; you need to come to Parliament with the financial result for the primary portion of the year or perhaps finishing of the main quarter and let us thusly know the monetary program until the end of the year.

 

"I'm certain when he gets to that time, he will furnish us with every one of the information and the defense for anything choices he asks on the Republic," he said in a selective meeting with Joy News on Monday.

 

He noticed that in spite of the ideas for the country to get back to the IMF, the nation should be directed to conclude after the public authority presents its financial result for the year's most memorable half.

 

"Let them [suggestions to get back to IMF] come up yet allowed us to be directed by the hard information when it gets to the center of July, and we are putting that information out then we take a choice," he told Kojo Brace.

 

Kojo Oppong Nkrumah likewise answered ideas that the E-demand, which was supposed to round up some income for the public authority, is failing to meet expectations a month after its execution.

 

"The information is coming in; we are going through the appraisal period. Like I said, it is a piece biased now to attempt to make sense of what is associated with having happened when we are presently going through the evaluation of the information so I figure we ought to give ourselves an opportunity to see the information, do the examinations and afterward we can concoct the noteworthy choices," he expressed.

 

In the interim, a main individual from the New Patriotic Party (NPP), Gabby Otchere-Darko, has said he isn't against the public authority looking for monetary help from the IMF.

 

As per him, any move or plan by the public authority to go to the IMF for a program would involve rule.

 

"Am I against an IMF program on a basic level? No. I'm not for an IMF program that tosses peanuts at us yet forces conditions that will wind up harming poor people, occupations and organizations more.

 

"Coronavirus and War in Ukraine are not of Africa's doing, but rather more to our destruction. A program that imagines it is all our doing is ill-fated to come up short," he tweeted on Monday, June 27.

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