
Audio By Carbonatix
The International Monetary fund says it is working towards improving the quality of Data it uses for its Policy Prescriptions.In recent times, the fund has received sharp criticism from Ghanaians for allegedly employing double standards in their assessment of economic performance.But as Head of JOYBUSINESS Kojo Oppong-Nkrumah reports from Washington, fund officials are promising better data to improve the quality of policy prescriptions.The fund typically relies on data provided by governments for its analysis and prescriptions. Therefore if a government wants its budgets to look balanced and good, it can be very crafty in how it records its incomes and expenses.According to Prakash Lougani, a research advisor at the IMF, this is why the fund at one time can say this government is excellent and next time when contractors and other off budget expenditure holders begin to present their certificates for payment, the fund turns around to report that things weren’t that good after all.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
An open letter to the President: The excavators are back…
3 minutes -
When the flood receives your home address
24 minutes -
Oil prices gain as focus shifts to supply recovery and demand
3 hours -
Israeli police officer filmed throwing stun grenade into car in West Bank
4 hours -
Charlie Kirk’s family attends hearing for suspect charged with his murder
4 hours -
Frenchman convicted of 2020 murder of wife confesses from jail
4 hours -
Prince Harry begins his UK visit with court verdict
4 hours -
AI chip boom lifts Samsung profits by 1,800%
4 hours -
India orders Meta to remove ads promoting child sexual abuse
4 hours -
Amazon bars breastfeeding boss from business course
4 hours -
Brentford set to sign Wilson after West Ham exit
5 hours -
Neymar says Brazil career over after Norway defeat
5 hours -
PM Keir Starmer intervened in row over Mexico-England kick-off time
5 hours -
Tottenham seal £100m move for Newcastle’s Tonali
5 hours -
Kofi Adams rejects claims of external interference in Black Stars player selections
5 hours