WHAT'S THE MEANING OF AN IMF PROGRAMME TO GHANAIANS? 1

July 7, 2022
3 years ago

 

What's the meaning of an IMF programme to Ghanaians?

 

A paper merchant remained under the traffic signal just around Opeibea in Accra, a day after the Government had declared that it would be drawing in the International Monetary Fund (IMF).

 

He held a paper with a title with that impact but on the other hand was running discourse for workers when the traffic signal became red.

 

He will yell "Have you seen our end? Presently we are going to IMF," then, at that point, he added a bend, to that end you ought to decide in favor of somebody like me… trailed by his own mission message of how he will improve Ghana.

 

At the point when the light become green and the vehicles needed to move, I couldn't resist the opportunity to giggle. IMF has turned into the discussion of the day.

 

Everyone is discussing the IMF, when you see a gathering of at least three individuals accumulated around a food merchant or travelers in a trotro (Commercial vehicle) you are probably going to catch wind of Ghana's IMF commitment.

 

The stories around the IMF are so different, to some it is a shame, we shouldn't have even wandered, and we ought to have zeroed in on local answers for raise assets for overseeing.

 

To others it is the main feasible choice for us, as a nation now.

 

What is the IMF?

 

The International Monetary Fund is a global association which was made by the United States and the United Kingdom toward the finish of the Second World War.

 

Its unique object was to give advances to nations experiencing transient monetary emergencies, in the assumption that they would rapidly recuperate and the credits would be reimbursed.

 

Additional time, the IMF has moved to loaning nations in longer term financial emergencies that couldn't pay their obligations.