Sign in
Download Opera News App

News Politics

 

Politics

 

Africa politics

The IMF initiative will assist NPP in "breaking the 8" ex-MP for the NPP

Francis Addai-Nimo, a former Member of Parliament (MP) for Mampong, has hinted that the bailout program the government would implement with the IMF will assist the New Patriotic Party (NPP) maintain power in the 2024 elections.

The former MP reportedly stated that the bailout will assist the government in resolving the present issues in the nation, which are primarily brought on by external forces, according to 3news.com.

He continued by saying that if the hurdles can be overcome, the administration will be in a strong position to win a historic third term in office.

According to Addai-Nimo, "The IMF program will support from this point until the end of 2024, and that should benefit the party," according to a TV3 New Day report.

He added that the NPP requires a presidential flag bearer who can bring the party together ahead of the general elections in 2024.

He made it clear that the applicant had to be someone outside the existing administration.

I'm pushing for a fresh look from the administration, he declared.

In the meanwhile, the Nana Addo Dankwa Akufo-Addo administration has started negotiating a bailout with the IMF.

Officials from the ministry and the Bank of Ghana will represent the Ghanaian government, according to a statement from the ministry.

According to Addai-Nimo, "The IMF program will support from this point until the end of 2024, and that should benefit the party," according to a TV3 New Day report.

He added that the NPP requires a presidential flag bearer who can bring the party together ahead of the general elections in 2024.

He made it clear that the applicant had to be someone outside the existing administration.

I'm pushing for a fresh look from the administration, he declared.

In the meanwhile, the Nana Addo Dankwa Akufo-Addo administration has started negotiating a bailout with the IMF.

Officials from the ministry and the Bank of Ghana will represent the Ghanaian government, according to a statement from the ministry.

According to the ministry, the government has released a thorough post-Covid-19 economic blueprint that would serve as the foundation for the discussions.

Discussions with the IMF for the IMF-supported plan have started, according to the Ministry of Finance and the Bank of Ghana. Confirmation that Ghana's debt is on a sustainable path is a crucial need for a program; this will require a thorough Debt Sustainability Assessment. Analysis (DSA), which is being done right now.

"The Ghanaian administration is putting up a thorough post-Covid-19 economic blueprint that will serve as the framework for IMF discussions. The program aims to create a macro-fiscal environment that provides debt sustainability and macroeconomic stability supported by important structural changes and social protection "portions of the claim were read.

Content created and supplied by: Tbprinz (via Opera News )

Addai-Nimo Francis Addai-Nimo IMF Mampong TV3 New Day

COMMENTS

Load app to read more comments