This should be the last time Ghana is going to the International Monetary Fund (IMF) for support, former President John Dramani Mahama has said.
He said the government must develop homegrown policies aimed at transforming the economy to ensure investor confidence.
He spoke in a television interview with Voice of America on the programme, Straight Talk Africa.
"I think that in going into this programme, it will bring back debts to sustainable levels... in other to achieve policy credibility so that investors, again feel confident that they can bring their money to Ghana, then we start from there and maintain that prudence. This should be the last time that we go to the IMF," he said.
Former President Mahama also said the Presidency should clean up its house first by showing the way in this regard.
“If the President himself is cutting the budget of government machinery, then everyone must be prepared to make a sacrifice.”
He also said the next NDC government will undertake a constitutional review as part of strategy to sustain the economy.
"We've been operating this constitution for more than 26 years, and I think that the time has come for us to look at it again and do some tweeking, in other that we can have a more constitutional environment to grow the economy," he added.
Source: graphic.com.gh
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who's talking? Ghana's clueless leaders
Eish!
Yes, if you stop taking your HUGE ex-gratia.
P(NDC) took Ghana to IMF more than any other party. You are just a talkative with no policies. Talk is cheap. Keep quit and enjoy your looted Ghana money with your huge pension. Who is listening to these corrupt and incompetent man? When will you return the Airbus bribe?
mahama get it right, Ghana is not going to IMF for policy credibility, but a major financial problem has engulfed the world through covid 19 and Russian Ukraine war and mind you the last time i checked more than 50 countries are seeking for IMF financial bailout including almighty Britain who is contemplating going to the Bretton woods institution. At the time everything was ok with the world financial system koraa you couldn't manage Ghana, so you are the last person to advice the government. We know what you are capable of doing create, loot and share is what you are good at. Come to think of it, changing the constitution in the unlikely event of next ndc government what did you do with the recommendations from the Atta Mills constitutional review committee. No one in his right sense should trust this Mahama guy, he is azaa