Going to IMF is a lazy approach; you also owe Ghanaians an apology- CPP

The Convention People’s Party (CPP) has described the decision by the government to go to the International Monetary Fund (IMF) for support as a lazy approach.

The opposition party, in a statement, declared that “Ghana has gone to the IMF for a bailout 17 times and does the Akufo-Addo and Bawumia Government believe this 18th time would create the magic wand that would salvage the Ghanaian Economy? We in the CPP believe that a run to the IMF is a lazy man’s approach to solving the problem as well as a short-term fix which cannot redeem our damaged economy.”

“The CPP thinks it is unfortunate that the Nana Akufo-Bawumia government need an outside body like the IMF to hold them to a fiscal discipline regime where they will be forced to be prudent and to have a plan aimed at prioritising spending,” the party said.

“There is no doubt that the IMF and its programs are neo-colonial very imperialist in nature and, with no indication to make life better for the Ghanaian, but today this is where we find ourselves, hooked in and bound to the Apron strings of the IMF because somebody did not do their job well.”

Read the full statement below

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By: Rainbowradioonline.com/Ghana

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