Andrew Egyapa Mercer, the Member of Parliament for Sekondi constituency has asked the Finance Minister, Ken Ofori Atta and his Ministry to take the advice from the International Monetary Fund (IMF) in good faith.
He said measures must be put in place to ensure that Ghana does not go for another bailout programme.
The Resident Representative of the International Monetary Fund (IMF) in Ghana, Dr Albert Touna Mama, has advised the government to pay critical attention to issues that can send the country back to a bailout programme with the fund.
He mentioned the high risk of debt distress, weak domestic revenue mobilization, off-budget transactions and a high level of fiscal risk from the energy sector as issues that could erode the gains in stabilizing the economy.
Reacting to this during a panel discussion on Peace FM's morning show 'Kokrokoo', Egyapa Mercer said, “I believe the Finance Ministry and other stakeholders will take this report in good faith. We should take it in good stride and ensure that we don’t cross the threshold which will lead to another IMF bailout."
Source: Rebecca Addo Tetteh/Peacefmonline.com/[email protected]
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
this ken ofori atta guy is real problem as a finance minister. nana addo chose the wrong person for the position; many times nepotism does not pay
He will take you, your mother and entire family to the IMF, just wait and see.. you think being loud mouth about your incompetent government can save you in 2020 huh... you wait... if you know what is coming...