Ken Agyapong has expressed his disappointment about government’s decision to go to IMF for a bailout. The NPP legislator recalled how he said that any party that goes to that institution for assistance has failed.
According to him, going to IMF is like handing over power to the National Democratic Congress (NDC) without a contest because the NPP criticized the NDC administration when they went to the Breton Woods institution.
Mr Agyapong who indicated earlier, after the NDC went to the IMF, that any party that goes to that institution for assistance has failed, said he does not know what to say again after his own party has taken the same decision.
Ghanaian Twitter users have been reacting to the video, with many asking if the decision of the NPP government to turn to the IMF for support means that they have failed. The talks with the IMF may see Ghana inviting the fund to support the country’s economic programme put together by the government.
President, Nana Addo Dankwa Akufo-Addo, has authorized Finance Minister, Ken Ofori-Atta to commence formal engagements with the International Monetary Fund IMF, to support the country’s economy.
According to the government which described an IMF bailout as catastrophic, it would rather pursue homegrown policies to salvage Ghana’s economy which has been in crisis for a period.
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