The decision to seek for an economic bailout is an admission of the fact that our ghanaian leaders have woefully failed us. So our leaders must bow in shame for their lack of shrewdness in managing the economy. They must RESPECT the people of Ghana by working for us other than enriching their selfish greedy lifestyle. 

Our choice of not subscribing to the bailout has been greatly diminished by the inefficiencies in the system; a systemic disease. Hence, an obvious self-imposed single choice.

Well, we cannot run away so the earlier we subscribe,  the better. However,  this has dire consequences especially for labour.

Subscribing to the bailout will ensure adherence to financial discipline; a practice which has virtually lost its relevance in government spending. If the black man, as at now, cannot handle his own affairs, why gain independence? Do we forget that independence goes with DISCIPLINE? The IMF, I know, will enforce financial discipline in the system.  But the question is,  at whose cost? Certainly,  not the government. They are shielded from the very  hardships their inefficiencies have created. Now, the onus lies on the ordinary ghanaian to bear a greater part of the cost of the bailout.
My concern is about the ordinary ghanaian who struggle so hard to make ends meet.

Which kind and calibre of people are  we sending us representatives for the negotiations on the bailout? Will non-partisan selection help?

As a solution, Mr. President, I suggest that you form a technical committee equipped with both theoretical and practical knowledge. This committee should constitute a fair representation of groups that stands to be affected. Seasoned economists, development analysts, academicians, as well as former finance ministers irrespective of party affiliation should be consulted in drafting a proposal that stands to benefit GHANA.
The economic fate of this nation rest upon the calibre of people we are taking to the negotiation table and how well they can defend their proposal.

Let this not be like the Ghana - Portugal World Cup match that required a win from us to qualify for the next stage. Mr. President, we cannot afford to lose on this one. Let our WIN  be a very formidable team of experts who can confidently and persuasively debate in our favour, issues raised at the negotiation table.

If you truly care,  Mr. President,  this is your timely opportunity to rescue the economy and the loss of confidence  the people of Ghana have in you. Thank you.

God bless our homeland Ghana and make our nation great and strong!
#financialdiscipline
#my1cedicontribution