I felt frustrated when government declared IMF bailout - Kweku Baako
The Editor-in-Chief of the New Crusading Guide Newspaper, Abdul Malik Kweku Baako, has communicated his failure with the public authority's choice to pick an IMF program.
The famous media professional says the move doesn't make one glad to be a Ghanaian.
In spite of the fact that he lets it be known is the right of the public authority to do as such, he felt extremely disheartened when he heard the news.
"I've generally experienced issues with the IMF and let me the legitimate with you; while it is the right of the public authority to pick that, I felt frustrated. I recollect in 2015, I felt the same way despite the fact that I openly said it was the right of the public authority to let it all out however lamentable same with 2009.
As indicated by Mr Kweku Baako, he generally gets that feeling whenever past legislatures went to the Bretton Woods' organization.
He added that the nation gives off an impression of being rehashing similar errors each time it takes a program from the Fund.
"In this way, it not sufficient and we can't keep going around and around and each time we take a program, we seem to have prevailed with regards to executing the program and inside three to four years, we are starting over, it doesn't check out. It doesn't make you a glad Ghanaian," he said on Metro TV on Thursday, July 7.
Government has previously started dealings with authorities of the Fund.
The Fund's authorities are driven by the Mission Chief for Ghana, Carlo Sdralevich as the destiny of Ghana's monetary future is postponed for conversation in the midst of clamor from the general population over the steadily inflating cost for most everyday items.
The Finance Ministry prior uncovered that the commitment will be a 7-day action with the IMF authorities, government's Economic Management Team and the Presidency.
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