The Convention People’s Party (CPP), has accused President Akufo-Addo of permitting his buddies and own circle of relatives to guide Ghana into the abyss.
CPP is pleading with the President now no longer to permit the ones identical buddies and household to guide negotiations with the International Monetary Fund because the u . s . seeks a bailout.
A assertion signed through CPP General Secretary Nana Yaa Akyempim Jantuah at the authorities’s purpose to are seeking a bailout from the Fund, stated: “We plead together along with his Excellency Nana Addo Dankwa Akufo-Addo that during this matter, he must now no longer depend upon his own circle of relatives and buddies to do the activity." Explaining: “Indeed, his own circle of relatives and buddies have failed us and run the u . s . right into a ditch”.
The celebration stated Ghana has, “over the time, confronted severe financial demanding situations like depreciation of the cedi, growing inflation, growing value of living, debt overhang, etc”, and stated that “going to the IMF is actually now no longer the answer however the authorities, being bankrupt of thoughts, thinks this is the best technique to salvage this u . s .”.
Read the entire CPP assertion below:
THE POSITION OF THE CONVENTION PEOPLE’S PARTY (CPP) ON THE MOVE BY THE NPP GOVERNMENT FOR AN ECONOMIC BAILOUT FROM THE INTERNATIONAL MONETARY FUND (IMF)
The Convention People’s Party (CPP) is saddened through the pass of the Government of Nana Addo Dankwa Akuffo Addo and Dr Mahmudu Bawumia to motel to an IMF bailout due to mismanagement of the Ghanaian Economy and sheer incompetence at the a part of the Managers of the Economy.
We of the Convention People’s Party can say with none affordable doubt that the Akuffo Addo- Bawumia Government has failed Ghanaians through shirking their duty to make sure that the financial system of Ghana is healthful and booming, instead, they've run it aground, and not using a surprise absorbers, buffers or reserves to keep up the Economy, certainly a disaster by no means skilled withinside the financial records of this u . s ..
Ghanaians are in reality disillusioned and sorely alarmed. Ghana has long past to the IMF for a bailout Seventeen (17) instances and does the Akuffo Addo and Bawumia Government trust this 18th time might create the magic wand that could salvage the Ghanaian Economy, we withinside the CPP trust that a run to the IMF is a lazy man’s technique to fixing the problem, in addition to a brief time period restore which can not redeem our broken financial system.
The CPP thinks it's miles unlucky that the Nana Akufo-Bawumia authorities want an out of doors frame just like the IMF to keep them to a economic field regime in which they may be pressured to be prudent and to have a plan aimed toward prioritising spending, it way the Nana Akufo-Addo-Bawumia-led authorities all this time did now no longer recognise what they have been approximately and that they have been gambling video games with our financial system, now no longer worrying a hoot approximately the results and ramifications in their negligence at the humans of this u . s ..
What is sudden is that while we're in such an financial doldrums, and a whole quagmire what the Nana Addo-Bawumia authorities is concerned approximately is their lack of ability to BREAK THE 8, below the circumstances, to them the People of Ghana subjects now no longer however their choice to live in strength to loot, spoil and plunder.
In the midst of all this scarcity, financial downturn, and poverty they've deployed ‘giant’ Communicators to give an explanation for to the Ghanaian population the want for us to visit the IMF for a bailout.
The CPP desires to discover what's there to give an explanation for, is it the incompetence, profligacy, the wastage, the looting or the sheer brush aside for the glory and wellness of the Ghanaians, who does now no longer recognise why the Nana Addo- Bawumia authorities has run to the IMF for a bailout, anybody is aware of and we do now no longer want an explanation.
The Akufo-Addo-Bawumia Government must prevent being Peacockical and face the fact in their actions, it's time for them to render an unqualified apology to Ghanaians for placing us on this mess and reneging on all their guarantees to Ghanaians.
The IMF isn't a Father Christmas allotting candies and anybody is aware of the harsh, strict, and obnoxious situations connected to such programmes. In 1983, below an IMF programme, all or maximum of the factories constructed through Osagyefo Dr Kwame Nkrumah below the CPP authorities have been overturned for it to be divested below the Divestiture Implementation Programme. Today, maximum of them by no means survived and our u . s . remains in financial stagnation and stagflation.
There isn't anyt any doubt that the IMF and its programmes are neo-colonial, very imperialist in nature and, and not using a indication to make lifestyles higher for the Ghanaian however these days that is in which we discover ourselves, hooked in and sure to the Apron strings of the IMF due to the fact anyone did now no longer do their activity well.
The CPP is admonishing the Akufo-Addo-Bawumia authorities that any IMF programme they're going to barter on behalf of Ghanaians need to have the hobby of the country at heart. It must be one with a view to sell and empower the humans of Ghana economically, now no longer impoverish them.
We of the Convention People’s Party are calling at the Government to position ahead the excellent crew of economists to barter with the IMF on behalf of Ghana, to get the excellent deal for the u . s .. The Team must have a take a observe phrases and situations that could assist industrialise the country, activity introduction and the force closer to exportation of our completed products.
There must additionally be a negotiating window in which socialist programmes just like the FREE SHS etc., might be aligned to the present day financial scenario wherein we discover ourselves With the authorities going to the IMF for a bailout we trust it's time to scrap the punitive tax referred to as E-Levy to provide manner for pragmatic and sensible methods of elevating sales for the u . s ..
We plead together along with his Excellency Nana Addo Dankwa Akufo-Addo that during this matter, he must now no longer depend upon his own circle of relatives and buddies to do the activity. Indeed, his own circle of relatives and buddies have failed us and run the u . s . right into a ditch.
Ghana has, over time, confronted severe financial demanding situations like depreciation of the cedi, growing inflation, growing value of living, debt overhang, etc.
Going to the IMF is actually now no longer the answer however the authorities being bankrupt of thoughts thinks this is the best technique to salvage this u . s ., this is why we're calling on all Ghanaians to vote out the NPP authorities on seventh December 2024 and vote for the Convention People’s Party (CPP) to extrade the fortunes of Ghanaians for the higher.
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