Audio By Carbonatix
A former Deputy Minister for Information, Felix Kwakye Ofosu, says government’s intention to seek economic support from the International Monetary Fund (IMF) has made it a victim of its own 'cheap' propaganda.
According to the politician, the New Patriotic Party (NPP) while in opposition made it their core mandate to vilify the IMF programme when the National Democratic Congress (NDC) administration sought the Fund’s support in 2015.
He noted that President Akufo-Addo who was then NPP’s Presidential Candidate and his cohorts frustrated the erstwhile John Mahama government to win political scores.
On the back of this, Mr. Kwakye observed that the government is embarrassed to have come out with such an announcement.
“The NPP has become a victim of their own cheap pedestrian politicking. We (Ghana), have gone to the IMF 16 times as many people have said. Up until 2015, IMF programmes were not really such a big deal until the likes of Bawumia, Gabby and Akufo-Addo decided to make it a political hot potato for the NDC [National Democratic Congress] administration.
“So they dabbled in all manner of false claims and demonised the IMF and made them look like they were a bunch of people with horns and tails wielding pitchforks to false problem down our throats and that they were never going to go there,” he said on Saturday.
He further added, “It is not surprising seeing how humiliated they have become. I mean the IMF announcement has become a thunderbolt among the ranks and file of the NPP. They are so humiliated and disgraced that they cannot even man up and mount any credible defence as to why they are going.”
On Friday, news broke that President Akufo-Addo had directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund, for an economic programme.
In a document issued by the Information Ministry, there has already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo conveying government’s decision to engage the Fund.
Although at the beginning of the year, the government was adamant about seeking financial support from the IMF, Mr Ofosu said on JoyNews’ Newsfile that the Akufo-Addo government has no option.
He noted that due to the current state of the economy, government is in dire need of support and not Electronic Transfer Levy (E-levy).
Latest Stories
-
Mahama arrives in Doha for 2025 Doha Forum engagements
20 minutes -
Milo U13 Champs: Ahafo’s Adrobaa set for thrilling final with Franko International of Western North
2 hours -
Ghana’s HIV crisis: Stigma drives new infections as AIDS Commission bets on AI and six-month injectables
4 hours -
First Ladies unite in Accra to champion elimination of mother-to-child HIV, Syphilis, and Hepatitis B transmission
4 hours -
US Supreme Court agrees to hear case challenging birthright citizenship
5 hours -
Notorious Ashaiman robber arrested in joint police operation
6 hours -
Judge sets key dates after video evidence hurdle in Nana Agradaa appeal case
6 hours -
Who are favourites to win the 2026 World Cup?
7 hours -
Galamsey crisis spiritual, not just economic; Pulpit and policy intervention needed – Prof. Frimpong-Manso
7 hours -
We will come after you – Muntaka warns online fearmongers
7 hours -
Forestry office attack: Suspected gang leader arrested, two stolen cars recovered
8 hours -
How Asamoah Gyan reacted after Ghana was paired with England, Croatia, and Panama for the 2026 World Cup
8 hours -
Ghana Armed Forces opens 2025/2026 intake for military academy
9 hours -
Prime Insight: OSP vs. Kpebu and petitions to remove EC boss to dominate discussions this Saturday
9 hours -
Multimedia’s David Andoh selected among international journalists covering PLANETech 2025 in Israel
10 hours
