To say that the uproarious commotion we have been making about our discussions with the IMF is déjà vuis to express the blindingly self-evident.
We have had a comparable public horrifying displays of violence beginning around 1966, when the late Mr E. N. Omaboe was our financial "tribal leader".
Next came the J H Mensah "financial Czar' time, during which our most splendid business analyst was reviled and denied a conference by his own Prime Minister, Dr Kofi Busia.
Under Busia, gatherings of IMF/Western moles (masked as genuine financial experts) were introduced in the Castle in Accra, under a conceivable 'cover' given by Harvard and Oxford Universities. Their "recommendation", which should win compassion toward Busia with the Western lenders, and in this manner killed local proposition which would have concurred with the feelings of Busia, a teacher of social science and who had consequently been at first motivated by his progenitors to caution the West that "Kafo didi!" [A debt holder can reimburse his obligations in the event that he's permitted to eat!] He got no obligation alleviation from the West, had to depreciate the Cedi, and his place of his system fell like a place of cards.
Did we learn anything? No - as though J H Mensah had never existed, next came the Kwesi Botwe time, when "revolutionary" assumptions fell hard on a market-decided diktat that could be roughly deciphered as "kill the Cedi to save it"! Consequently kicked the bucket any possibility of a Rawlings tease with communism!
Amazing! When will we discover that nobody contends with a loaning organization like the IMF? The IMF, Beloved Countrymen and Women, doesn't drive anybody to come and implore it.
The IMF comes and the IMF goes - as it enjoys. The IMF orders, and in the event that you consent to its circumstances, the IMF pays.
To be continued...