Former New Patriotic Party Member of Parliament for Mampong, Francis Addai-Nimoh is optimistic that, the International Monetary Fund Programme by the Government will help in breaking the 8-year cycle of governance in Ghana.
According to Mr. Addai-Nimoh, the government has enough time to get things right and that could help in their ambition of breaking the 8-year cycle rule.
“From this time to the end of 2024, the IMF programme will help and that should inure to the party,” he told Johnnie Hughes on the New Day show on TV3 Tuesday September 27.
Mr. Addai-Nimoh believes that the New Patriotic Party needs a formidable person to lead the Party in the 2024 election to bolster their chances in winning the election.
He further indicated that all the New Patriotic Party (NPP) needs is unity and also a vibrant person to lead the party into the next elections.
“I am advocating for a new face from the government,” he stressed.
The Ministry of Finance and the Bank of Ghana have commenced discussions with the IMF for an IMF-supported programme.
A key prerequisite for a programme is confirmation that Ghana’s debt is on a sustainable path.
A statement issued by the Finance Ministry on Monday September 26 said the Government of Ghana is putting together a comprehensive post Covid-19 economic programme which will form the basis for the IMF negotiations.
“The programme seeks to establish a macro-fiscal path that ensures debt sustainability and macroeconomic stability underpinned by key structural reforms and social protection.
“Government negotiations with respect to the IMF-supported programme is commencing this week and we are optimistic about making progress in our discussions.
“Government remains committed, and shall continue to actively engage all stakeholders, both public and private, in a clear and transparent manner as we seek to fast-track this process.”
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