The Akufo-Addo-led administration will re-examine the International Monetary Fund (IMF) programme subscribed to by the erstwhile National Democratic Congress (NDC) government, Senior Minister-designate Yaw Osafo Marfo has hinted.
According to him, the IMF programme will hinder the plan of the government to develop the country, hence aspects of the IMF programme will be scrapped.
Mr Marfo, who appeared before the Appointments Committee on Friday, January 20, stated that the IMF deal “will certainly be reviewed” because “the current programme literary squeezes all the fiscal spaces” that Mr Akufo-Addo needs to implement programmes in his manifesto.
He further explained: “Most targets set between the IMF and NDC government have been missed, so whether we ask for it or not the IMF would themselves want the programme reviewed, because if we talked about ensuring that your growth at the end of the year being is 5.3 per cent and your growth at the end is 3.3 percent, then it is way out.”
Source: Ghana/AccrafM.com