Audio By Carbonatix
The National Communications Officer for the National Democratic Congress (NDC), Sammy Gyamfi, has reacted to President Akufo-Addo's directive to the Finance Minister to engage the International Monetary Fund (IMF) for economic support.
In a tweet on Friday, he called out the government over its initial reluctance to resort to an IMF programme and the various criticisms against the Mahama-led administration for doing so during its tenure.
While describing them as "dishonest leaders," he said the President and his vice have been exposed by their own words.
"Posterity has a nice way of disgracing dishonest leaders. @NAkufoAddo and @MBawumia have been trapped by their own words. What a shame," he said.
Posterity has a nice way of disgracing dishonest leaders. @NAkufoAddo and @MBawumia have been trapped by their own words. What a shame. pic.twitter.com/PBlebn0jOo
— Sammy Gyamfi (@SammyGyamfi2017) July 1, 2022
President Akufo-Addo on Friday, July 1, directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund for economic support.
A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1, 2022, indicated that there had already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo conveying government’s decision to engage the Fund.
“The President of the Republic, Nana Addo-Dankwa Akufo-Addo, has authorised Finance Minister, Ken Ofori-Atta, to commence formal engagements with the International Monetary Fund (IMF), inviting the Fund to support an economic programme put together by the Government of Ghana.”
Cabinet at a meeting on June 30th, 2022, supported government’s decision to pursue an economic programme from the Fund.
The engagement with the IMF, the statement, pointed out will seek to provide a balance of payment support as part of a broader effort to quicken Ghana’s build back in the face of challenges induced by the COVID-19 pandemic and, recently, the Russian-Ukraine crisis.
Latest Stories
-
Does Goldbod owe BoG US$214m, or has BoG lost US$214m? A policy and financial risk analysis
2 hours -
US Congressman says airstrikes first step to ending killings in Nigeria
2 hours -
Afenyo-Markin urges NPP to move from talk to action after 2024 election loss
3 hours -
BoG’s international reserves could cross $13bn by end of 2025
3 hours -
Afenyo-Markin urges discipline, unity as NPP prepares for 2026 flagbearer primary
3 hours -
Haruna Iddrisu demands tough sanctions for officials implicated in galamsey
4 hours -
‘Opoku-Agyemang is very capable of leading the country’ – Haruna Iddrisu
4 hours -
Precision strikes hit terrorist targets as Nigeria, U.S. strengthen security cooperation
4 hours -
Trade Minister confident of continued gains in 2026
4 hours -
Transport shortages hit Ashaiman during Christmas
4 hours -
BoG says IMF praises Ghana’s macroeconomic gains, gold loss claims speculative
5 hours -
Press Freedom questioned after High Court ruling
5 hours -
TMPC urges caution and vigilance in use of traditional and alternative medicine
5 hours -
Ada PWDs boycott Assembly disbursement over procurement concerns
5 hours -
Christmas surge in ride-hailing fares hits consumers
5 hours
