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“Ghana Is Returning To IMF For Support Because Of The Russia-Ukraine War” - Deputy Minister.

The Deputy Minister for Lands and Natural Resources, George Mireku Duker says Ghana under the Akufo-Addo government is seeking for the International Monetary Fund (IMF) bailout because of the Russia-Ukraine war.

Answering a question on Peace FM's morning show "Kokrokoo" on whether he believes the government is seeking for IMF help because of the Russia-Ukraine war, the Deputy Minister riposted with an vehement "yes".

According to George Mireku, the Russia-Ukraine war has impacted the country so much that seeking an IMF bailout is the surest way to go for the economy to recover. He explained that, Russia is one of the leading petroleum countries in the world, therefore, if there is war in Russia it affects Ghana’s economy. Also, one of the leading producers of wheat and cereals in the world is Ukraine, likewise, if there is war in Ukraine it affects Ghana’s economic status as well.

Hon. Mireku Duker, who doubles as Member of Parliament for Tarkwa-Nsuaem, further elaborated that; the was a 9 months period during the Covid-19 pandemic where academic activities where halted in Ghana. However, teachers were still being paid during that time and this has had an adverse effect on the economy in the long run. He stated that, it is unfair for any person to think that the Russia-Ukraine war coupled with the Coronavirus pandemic haven't affected Ghana that much.

He finally scolded critics for using President Nana Akufo-Addo and Veep Dr. Mahamudu Bawumia's words that their administration would not subject Ghana under any IMF program against them, because, mismanaging the economy to get to IMF is different from war and pandemic getting the country to IMF. IMF is not anything bad in any way. Therefore Ghanaians should embrace government decision for the IMF bailout.

Source: Peacefm Online

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Akufo-Addo George Mireku Duker Ghana IMF Peace FM


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