Mahama Takes On IMF Boss For Blaming Economic Woes On Covid, War

Former President John Dramani Mahama has called on international diplomats to make factual statements about countries.

This comes after the Managing Director of the International Monetary Fund, Kristalina Georgieva, ruled out “bad policies” as the cause of Ghana’s economic crises and blamed it on the war between Russia and Ukraine; and the COVID-19 pandemic.

Mahama said in as much as her reassurance of supporting the country is relieving, comments by high-ranking officials must be grounded on facts that take into consideration local realities and opinions.

“International diplomats must consider these facts and not just ignore them; lest they make wrong diagnosis and prescribe inappropriate remedies.”

He asserted that the woes of Ghana results from “BAD POLICIES” and the “ineptness of the Nana Akufo-Addo administration”.

“The consequences of the government’s ill-advised policies such as the botched, insensitive and dubious cost in closing down locally owned banks, unbridled levels of corruption and lack of accountability including the mismanagement of COVID-19 funds, unconventional borrowing practices riddled with opaqueness and conflicts of interest, resulting in an unsustainable debt envelope, costly, experimental and untested programmes, etc., cannot be ignored in understanding the current dire state of the Ghanaian Economy.

“Therefore, the rhetoric that emanates from international diplomats must reflect local realities. The Ghanaian economy must be managed first for the Ghanaian who lives and experiences it daily, not just for an international audience”, he said in a statement.

Source: Fuseini

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