Previous Deputy Information Minister, Felix Kwakye Ofosu has ripped into Vice President Dr. Mahamudu Bawumia following his most recent contention on the justification for why Ghana is looking for help from the International Monetary Fund (IMF).
He expressed claims by the Vice President portrayed as a 'fourfold whammy' are simply out and out lies and silly.
"The Vice President's cases are a mix of through and through lies and a hilarious exhibition. To be sure in any self-regarding ward, he will be a distant memory from office after such a devastating presentation of shocking inadequacy. After he has regulated the breakdown of the Ghanaian economy he ought to be a distant memory as top of the Economic Management Team.
"He shouldn't come and pour affront on the enduring of Ghanaians with such silly presentation. There is no serious, sensible, learned finance and monetary examiner who will acknowledge these amusing cases," Felix Ofosu Kwakye told Citi News in a meeting.
On Thursday, July 14, Vice President Dr. Mahamudu Bawumia conveyed a discourse at an occasion held at the Accra Business School where he made sense of the choice by the decision government for go to the IMF for a bailout.
While distributing some fault on the recent John Dramani Mahama-drove government, Dr. Bawumia said the Covid-19, monetary area cleanup, energy area obligation funding, and the Russia-Ukraine war are to be faulted for the financial difficulties confronting the country.
"With the difficulties on getting to the capital market, equilibrium of installment support was expected to connect this funding hole, balance out the economy and make the space to execute primary changes and reestablish obligation maintainability and this is actually the justification for why Ghana needed to go to the IMF.
"I ought to again take note of that Ghana has been hit with a fourfold whammy. The energy area abundance limit installments. Banking area cleanup, Covid-19, and the Russia-Ukraine war. On the off chance that you take out this fourfold whammy Ghana won't be going to the IMF," H.E Dr. Mahamudu Bawumia underlined.
He further charged Ghanaians to prepare themselves for harder times as his administration attempts to make something happen.
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