Like practically all Ghanaians, it had been blindingly clear to us for some time that the Government would need to get back to the IMF. However, not even that premonition could depict the mistake when the Government made the proper declaration. This return is tremendously wonderful on the grounds that it is after we intensely declared the 'Ghana Without Aid' yearning.
Monetary RESPONSIBILITY ACT
At the point when the 2018 Fiscal Responsibility Act was passed, we were concerned whether that Act would for sure force the sort of financial obligation and discipline that Ghana required. We, in this manner, composed a nitty gritty letter to the Finance Minister on 29 January 2019, to ask which steps were being taken to guarantee that there was genuine control of unreasonable government use. We got neither a reaction nor even a basic affirmation of receipt.
E-LEVY
It was obvious to everybody that the E-Levy wouldn't be the panacea to Ghana's concern. We gave a press proclamation on 15 February 2022, in which we scrutinized the grandiosely idealistic assumptions, and expressed that 'the e-duty will be pointless until it is connected with (1) the all out execution of our personal duty regulations, (2) outright obligation to recuperating our abused monies, and (3) complete financial straightforwardness and responsibility.' Although we conveyed duplicates of the assertion to both the Executive and Parliament, that was likewise overlooked.
For what reason DO WE NEED IMF SUPPORT?
We have noted from the assertion of the Information Minister that Ghana would look for about $2B from the IMF. $2B is generally ?16B. Is that ALL we want to hold us over the wreck that we regard ourselves as ready? Also, do we need to go rushing to the IMF to give that, when from the Auditor-General's Reports, determined from 2016 to 2020, how much monies lost or taken is ?47,945,579,875? In dollar terms, that is right multiple times the $2B we are going for.
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