Your beauty is only in your appearance - Kwesi Pratt blasts IMF boss for comment on Ghana's economy.
Kwesi Pratt Jnr, managing editor of the Insight Newspaper, has chastised Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), for recent comments she made about Ghana's economy.
After a closed-door meeting with President Akufo-Addo, Madam Georgieva stated that Ghana's problems were not the result of bad government policies, but rather the result of the Russia-Ukraine war and the Covid-19 pandemic.
"First there was the pandemic, then there was Russia's war in Ukraine." "We must recognize that it is not due to bad policies in the country, but to this combination of shocks, and we must therefore support Ghana," she said.
However, speaking on Pan African TV over the weekend, Kwesi Pratt questioned whether the assistance would be successful after no solution to Ghana's problems had been found in the seventeen times the country had sought assistance from the IMF.
He also used Cedi's performance to poke holes in the IMF director's argument that Russia, despite its challenges, had a strong currency because it was backed up by gold.
The veteran journalist described the IMF Director's remarks as "horrible" and in stark contrast to her stunning appearance.
"The managing director of the International Monetary Fund, a beautiful, elegant woman with a high position at the IMF, opens her mouth and says this." What is going on? "What!" I exclaimed when I saw a picture of the woman. What a lovely lady;" not realizing that beauty is only in the eyes.
"When she opened her mouth foul, you dodge. What is this?" Kwesi Pratt said. "The thing is so bad, her statement is so horrible that now it is not only opposition parties who are punching holes in what she said. Leading campaigners and advocates of the New Patriotic Party are coming forward and saying, "ah, this woman...no no no...don't do that to us."
Since the IMF Director's comment, a member of the New Patriotic Party, Dr. Amoako Baah, has said that President Akufo-Addo has now corrupted even the IMF because he asked Madam Georgieva to make the comment she made.
Meanwhile, Madam Georgieva is optimistic that Ghana and the IMF will reach and finalize an agreement before the end of the year.
Once an agreement on a program is reached, Ghana is expected to receive $3 billion over three years from the International Monetary Fund. The new loan amount requested was twice the government's initial target of $1.5 billion.
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