Member of Parliament for Ajumako-Enyan-Esiam, Cassiel Ato Forson has told the International Monetary Fund (IMF) Chief for Ghana that the current economic challenges is as a result of government policies.
This follow similar comments from the Former President John Mahama on comments made by the IMF director about Ghana’s economy.
Mr. Forson said this in a tweet after a meeting members of the Finance Committee of Parliament had with the IMF team in Accra on Thursday September 8.
“Earlier today, I pointed out to the new IMF chief for #Gh that our current economic woes are mostly due to poor policy choices & mismanagement not covid or Russia-Ukrain war!
“I also stated my surprise at the recent comment by the @IMF Boss on this mindful of the facts available!” he added.
The Director of the IMF Kristalina Georgina earlier attributed Ghana’s prevailing weak economic conditions to shocks from the Covid pandemic and the Russian-Ukraine war.
According to her, shocks from the two unforeseen factors have heavily impacted the economy and are to be blamed for the country’s woes and not “bad policies” said to be implemented by the government.
“Like everybody on this planet you have been hurt by exogenous shocks. First the pandemic, then Russia-Ukraine. And then the we need to realise is not because of bad policies in the country, but because of this combination of shocks,” she added.
The IMF Director added that Ghana, as a strong country in the sub-region, ought to be supported by the IMF to bounce back because the strength of Ghana impacts positively on neighbouring countries.
“And therefore, we have to support (Ghana) because you’re a member. You’re a strong country, you have fantastic people, but also we have to support Ghana because your strength contributes to the strength of your neighbours. It contributes to a stronger world,” she told journalists at the ongoing Africa Climate Change Adaptation Summit.
The former president however is not enthused by the assertion of the IMF director and urged her to be candid on her assessment of Ghana’s economy.