Home / Opinion / IMF Bailout Will Help Poise Ghana’s Economy And Restore Confidence – Suaman DCE

IMF Bailout Will Help Poise Ghana’s Economy And Restore Confidence – Suaman DCE

Spread the love

A balance of payment support schedule from the International Monetary Fund (IMF) will bring stability and replenish the confidence of Ghana’s economy, the District Chief Executive for Suaman, in the Western North Region, Hon. Boahen Philip has said.

 

The DCE noted that policy credibility will help achieve fiscal and debt sustainability to restore economic challenges in the country.

He accounted that the NPP government wished not to go to the IMF for intervention to stabilize the economy. However, according to the Chief Executive, under the circumstances of the Covid-19 pandemic and the Russia-Ukraine war, the government had no choice but to seek a critical bailout to stabilize businesses, therefore urging Ghanaians to agree the dogma and support the idea of going to the IMF for intervention.

See also  Check Bawumia’s Records Before Choosing His As Flagbearer For 2024 – Former MP Tells NPP

 

Speaking with Appiah Kubi, on Tain FM Anopa Nkommo show, Hon. Boahen reiterated that with introspect to what led the NDC to seek IMF bailout during Mahama’s administration, is a total disparity between what Ghanaians are experiencing today, therefore not to snigger the government about the bailout.

See also  Akufo-Addo Has Instructed That No Social Policy Should Be Affected By IMF – NPP Regional Secretary Says

 

“We’re going to IMF just to make sure the economy does not exacerbate so we’ll not let any alternative inhibit the government’s agenda, though its propagation intricate to Ghanaians”, the DCE expressed.

He further detailed that the ideas and plans for transforming the economy should not be lost, therefore needs everything possible to transient the economic crisis.

See also  Next NDC Gov’t Will Tackle Issues On Ex-gratia Payments, Says Mahama

He concluded that the government is creating an enabling environment to sustain the nation’s economic growth; hence the initiative of the green-net and the YouStart program to poise the economy to excel than the previous NDC government.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: TodayGhanaMedia.com

 

 

 

 

 

There are four types of content published on  TodayGhanaMedia.com  daily: curated content; syndicated content; user-generated content; and original content.

 

 

Send your news stories to myghanamedia@gmail.com and Chat with us via WhatsApp on +233 200818719

 

 

About admin

Check Also

2024 Election: NDC Will Pull More Than 20,000 Votes ln Bantama Constituency – Party Executives Assures

Spread the love The National Democratic Congress (NDC) Constituency Executives at Bantama Constituency in the …

Leave a Reply

Your email address will not be published.