IMF bailout won’t affect Free SHS – Gov’t

The government has pledged that none of its signature initiatives, including the Free Senior High School, will be cut as the nation seeks a bailout from the IMF for its economic problems.

“Government assures Ghanaians that #FreeSHS and other important flagship programmes would not be canceled despite the state’s application for IMF support,” a statement on the Facebook wall of the Presidency said.

Isaac Adongo, a member of parliament for Bolgatanga Central, has urged that the government consult with specialists to lead the negotiations with the IMF, such as economist Kwame Pianim and businessman Sam Jonah (IMF).

IMF bailout won’t affect Free SHS – Gov’t

To start the formal negotiations with the government for a rescue program, the IMF delegation is scheduled to arrive in the nation on Tuesday.

Speaking to reporters in Parliament, Mr. Adongo asserted that the existing negotiation team, which includes the president and the finance minister, is unable to secure for Ghana any favorable program to solve the country’s issues.

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He said the government’s assertion that the IMF would provide $2 billion in funding was an attempt to defraud the Bretton Woods Institution.

“Now that we are at the IMF you want this man to lead the economic management team? The head of the economic management team is not constitutional imperative and I saw signs of it when they went to take the decision at Peduase.

“You saw who was chairing, is it not Osafo Maafo who chaired that meeting, the President was even out of town so whether it was a cabinet, it was the economic management team, who chairs the cabinet when the President is not around, the Vice President. The cabinet was there seriously deciding whether we should go to the IMF or not. The President was out and the Vice President was nowhere,” he disclosed.

Akosua Boatemaa

I'm Yours Truly, Blogger Akosua Boatemaa. I'm here to feed Your eyes and Ears with Authentic News Updates.

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