Akufo-Addo has annihilated gains Ghana produced using Mahama's IMF program - Suhuyini
Tamale North Member of Parliament, Alhassan Sayibu Suhuyini, has blamed President Akufo-Addo's administration for obliterating every one of the additions the nation produced using the IMF program under ex-President John Dramani Mahama.
As per him, President Nana Addo Dankwa Akufo-Addo acquired self-supporting ventures that were made out of the program the Mahama organization entered with the International Monetary Fund (IMF) however neglected to wisely deal with these tasks.
He demonstrated that should the public authority not have bungled these self-funding projects, which incorporate the Ghana National Gas Project, the nation wouldn't be getting back to the IMF for a bailout, 3newsroom.com reports.
"On the off chance that the public authority, when it acquired the advantages of the IMF program and broadened it, had done in regions that will actually want to pay for themselves like the Ghana Gas is paying for itself the ports are paying for themselves, we wouldn't be here today," the MP is cited to have said in a TV3 interview.
In the mean time, the Information Minister, Kojo Oppong Nkrumah said that the public authority's choice to look for an IMF bailout was a result of conditions that are unique in relation to those that made the past Mahama organization do same in 2015.
He expressed that Ghana's ongoing financial emergency was achieved by outer elements, not from homegrown monetary fumble as has been proposed by the resistance.
"That is the reason for instance, from 2020, about portion of the world's nations are applying to the asset for some help. It isn't to say that each individuals who deal with these more than 100 economies don't have the foggiest idea how to approach their positions yet is it proof of the way that something outside, something exogenous has hit, for that reason today, Egypt, Kenya, I comprehend Tunisia is additionally applying for a help of some kind, are requesting support," the legislator said.
He additionally showed that the public authority was expecting to get some $2 billion, which it would use to support its Balance of Payment Account.
On July 1, 2022, Nana Akufo-Addo approved Finance Minister, Ken Ofori-Atta to start formal commitment with the International Monetary Fund (IMF), to help the country
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