Audio By Carbonatix
President Akufo-Addo says the government will be cautious to strike a fine line between meeting the aspirations of Ghanaians and staying true to the dictates of the IMF 3-year extended credit programme.
He says this will be crucial as the country heads to the December 7 general election.
Concerns about overspending during these elections have been a worry, especially as the economy begins to pick up.
He reiterated “the need for us to try and make a balance between the rigor which we recognize as being necessary for us to be in a good place as well as making sure the interest of the people are protected."
“There will be little point in pursuing a rigorous rigid arrangement which at the end of the day will only fuel social unrest and difficulty, and ultimately of course has very negative repercussions for our political situation and the situation of our country,” he said on Sunday, March 17, 2024.
He said this during an interaction with the Managing Director of the IMF, Kristalina Georgieva, at the Jubilee House.
He told Mrs Georgieva that his administration stay within budgetary limits to meet public expectations.
Meanwhile, the IMF boss says Ghana has a unique opportunity this year to demonstrate to the world that it is committed to restoring confidence in the economy.
Latest Stories
-
Kushner states regret over World Cup sell-off plan
1 hour -
50,000-litre LPG tanker fire contained on Tema Motorway as Fire Service averts disaster
2 hours -
Supreme Court clears way for Trump to keep building White House ballroom
2 hours -
Amazon rigged billions in ad pricing, lawsuit from states and US watchdog alleges
2 hours -
US singer D4vd’s celebrity lawyers withdraw from murder case
2 hours -
How Shein lost its shine ahead of long-awaited stock market debut
2 hours -
OSP faces crucial test to deliver after years of public support – CDD-Ghana’s Pumpuni Asante
3 hours -
CDD calls for constitutional protection for OSP to shield anti-corruption fight
3 hours -
Allround Baby Pants launched in Ghana to ease diapering for mothers
3 hours -
Aggrieved Gold Coast Fund Management Company customers to petition Mahama over locked-up funds
3 hours -
I want to continue to see OSP deliver on its mandate – Pumpuni Asante
3 hours -
Trump pushes Apple to change ‘Lake Ontario’ to ‘Lake America’ on its maps
4 hours -
NSMQ 2026: PRESEC, Legon dethrones defending champions Mfantsipim in thrilling battle to book semi-final spot
4 hours -
NPP set to overhaul constitution as delegates prepare to vote on sweeping reforms
4 hours -
Company offering reward for safe return of truckload of beer
4 hours