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“Otumfuo Helped Get Ghana Out Of HIPC”— Kufuor.

Former President of the country, John Agyekum Kufuor continues to make an interesting revelation of some of the dramatic times of his tenure as the leader of the country.

One major event which is readily remembered by many Ghanaians was Ghana declaring herself as highly indebted. It therefore enrolled on a program which was known as Highly Indebted Poor Country(HIPC). It is made up of developing countries with high levels of poverty and debt overhang which are eligible for special assistance from the International Monetary Fund (IMF) and the World Bank.

Even though many Ghanaians stood against it, the then government saw it as a way to salvage the economic situation back then. Few years later, Ghana qualified to exit that status. But according to the former president, things took a quick twist when he got an information that Ghana could not exit the program just yet. Disappointed and worried, he fell on the Asantehene, Otumfuo Osei Tutu II, who through his connections was able to put in a word on behalf of the country. He continued that a few days after the discussion, he got a call that Ghana could formerly exit that status and still benefit from the developmental packages that came with satisfying all the conditions.

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Asantehene Ghana Ghanaians HIPC Otumfuo Osei Tutu II


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