The Editor-in-Chief of the New Crusading Guide Newspaper, Abdul Malik Kweku Baako, has expressed his disappointment with the government’s decision to opt for an IMF programme.
The renowned media practitioner says the move does not make one proud to be a Ghanaian.
Although he admits it is the right of the government to do so, he felt very disappointed when he heard the news.
“I’ve always had difficulties with the IMF, and let me the honest with you; while it is the right of the government to opt for that, I felt disappointed. I remember in 2015, I felt the same way even though I publicly said it was the right of the government to go for it but regrettable same with 2009.
According to Mr Kweku Baako, he always gets that feeling anytime previous governments went to the Bretton Woods institution.
He added that the country appears to repeat the same mistakes every time it takes a programme from the Fund.
"So, it is not good enough, and we cannot continue going in circles, and each time we take a programme, we appear to have succeeded in implementing it, and within three to four years, we are back to square one, it doesn’t make sense. It doesn’t make you a proud Ghanaian,” he said on Metro TV on Thursday, July 7.
Government has already commenced negotiations with officials of the Fund.
The Fund’s officials are led by the Mission Chief for Ghana, Carlo Sdralevich, as the fate of Ghana’s financial future is tabled for discussion amid hue and cry from the public over the ever-increasing cost of living.
The Finance Ministry earlier revealed that the engagement will be a 7-day activity with the IMF officials, government’s Economic Management Team and the Presidency.
Latest Stories
-
Iñaki Williams scores twice in Athletic Bilbao’s win over Getafe
5 mins -
Argument with Salah ‘completely resolved’ – Klopp
16 mins -
Reus to leave Dortmund at the end of the season
37 mins -
Uefa confirms 26-man squads for Euro 2024
43 mins -
Teacher Unions press home demands for the new allowances
44 mins -
Media’s failure to hold government accountable for ‘galamsey’ alarming – Mahama
51 mins -
Keta Presbytery urges Akufo-Addo to assent to anti-LGBTQ+ Bill
58 mins -
Ghanaian midfielder Lawrence Ofori nets maiden goal of the season with stunner against Vizela
1 hour -
Community fearful after off-duty policemen shot dead at East Trasacco
1 hour -
Dext Technology partners KNUST to train basic school teachers on STEM
1 hour -
My efforts led to remarkable transformation in Appiatse – Lands Minister
2 hours -
13th Ghana Information Technology and Telecom Awards launched
2 hours -
Comedy of electioneering campaign policy: NDC’s 24-hour economy tricks
2 hours -
We will remain vigilant in our oversight operations of all financial institutions – Governor
2 hours -
Ghana’s economic recovery has been strong and steady – Finance Minister
2 hours