IMF Visit Is In The Best Interest Of Ghana
Honourable Collins Adomako Mensah, MP for Afigya Kwabre North Constituency and member of the Finance Committee has stated that, this is not the first time International Monetary Fund (IMF) has come to Ghana to abet.
The war in Ukraine has triggered a global economic shock that is hitting Ghana at a time when the government’s room for maneuver is already greatly limited. The shock compounds other pressing policy challenges, including debt vulnerabilities, the COVID-19 pandemic’s social and economic legacy, and the ongoing tightening of global monetary policy conditions which increases the cost of international borrowing.
According to Honourable Adomako, The IMF works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world which Ghana needs to improve.
He announced that, IMF coming to Ghana today to meet authorities is to negotiate with the best policies that will stabilize the country’s economy for good.
IMF will give assistance to the government to make bold decisions to face its fear to bring back the lost economy.
Mr. Adomako urged Ghanaians to believe in the government for a better Ghana.
Source: Opemsuo.com/ Gloria Opoku