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
-
Ronaldo becomes co-owner of Spanish side Almeria
3 minutes -
Fans of richest English Premier League clubs pay £74 per match as ticket revenue soars
17 minutes -
Palace see off Zrinjski to reach Conference League last 16
28 minutes -
NAIMOS soldier shot during Dormaa anti-galamsey operation fully recovers
28 minutes -
NAIMOS soldier shot in Dormaa Central recovers after anti-galamsey operation injury
29 minutes -
Ghana isn’t legalising weed, we’re creating a therapeutic cannabis sector – Interior Minister
54 minutes -
Lupita Nyong’o admits fear as fibroids return, urges better treatment options
1 hour -
Recreational use of cannabis remains illegal – Interior Minister warns
1 hour -
Wa West health crisis: District hospital named “best in region” despite running on only 5 midwives and broken theatre table
1 hour -
Eight out of 10 cardiac hospitalisations in Ghana caused by heart failure
2 hours -
Fisheries Commission to roll out insurance; Navy training for fishermen after sea attack
2 hours -
Failure to appoint Defence Minister has made Ghana vulnerable to external threats – Ntim Fordjour
2 hours -
Sanction fishermen who go beyond the demarcated fishing zones – Dr Doke
2 hours -
Gov’t seizes 500 excavators, impounds 490 at Tema Port
2 hours -
No ready market, no licence: Gov’t sets strict entry rules for cannabis business
3 hours
