Audio Attachment:Listen to Dr. Owusu Afriyie Akoto |
Former Food and Agriculture Minister, Dr. Owusu Afriyie Akoto has said he has the expertise to help the country cease going to the International Monetary Fund (IMF) for support.
" . . Our Finance Minister is now in China, the country is going through distress . . . I have something in mind and the expertise to help this country so we will not be going to the IMF every now and then. Sixty Six years of this country we have been to the IMF seventeen times . . . our development is being finance by debt, so long as we continue to rely on debt to finance our development we will go to the IMF umpteenth times, but we have the capacity to generate our own foreign exchange and fiscal revenue to fund Industrialisation, to fund Health, to fund Education, Infrastructure," he told Kwami Sefa Kayi on Peace FM's 'kokrokoo' programme.
Dr. Owusu Afriyie Akoto is seeking to lead the ruling New Patriotic Party (NPP) to the 2024 General Elections.
Ghana's Finance Minister Ken Ofori-Atta has travelled to Beijing on Wednesday to meet Chinese officials to discuss a proposed restructuring of Ghana's debt.
The talks are expected to focus on ways to reduce Ghana's debt burden and secure additional financing assurances for the country's economic programme.
Ghana, which is struggling with its worst economic crisis in a generation, secured a staff-level agreement with the International Monetary Fund (IMF) in December for a $3 billion loan, though asking lenders to provide financing assurances is a condition for the IMF's board to sign off the programme.
China is Ghana's biggest bilateral creditor with about $1.7 billion of debt.
The government's current priority is to secure IMF board approval, with the fine details of debt treatment operations to follow later.
The meetings will take place on Thursday and Friday.
Source: Peacefmonline.com
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Dr Akoto will certainly not send us to IMF he will surely send US to FARM
But he is a member of the "solid economic management team". Is he not on tape that Ghanaians will appreciate us going to IMF and that it is a good idea? Why didn't he exhibit his magic wand?
What? If so then you are wicked. Am told akuffo Addo is your childhood friend. He gave you an appointment for 6 years nonstop only for you to watch him struggle 24/7 in this economic mess? It means you are more interested in I not WE. Simply put it means in the unlikely event that you become president it will be about YOU and not US. The singular statement coming from a cabinet minister have dashed your political career. This is the bane of current NPP, the appointees are interested in themselves and nobody else, no wonder the ordinary NPP supporter feels neglected, forgotten and abandoned. You need to be on the ground to see the level of disappointment. A whole family is struggling to find a way home after getting lost. A family member says he knows the way home. However until he's given the opportunity to lead them, he won't show them the way home. You have forgotten that one day you will be mentioned as one of those who got lost. The man has shot himself in the foot. Thank God neglected NPP delegates will also get something from the accumulated booty when he comes around.
This statement is very funny. You are the part of the government. You want to be come a president, that’s why you saying this. You are the part of the problem. You will loose big time. Nobody will vote for you.
He don’t know nothing. He was a cabinet minister it’s disgrace for him to say that. He’s saying this because he want to be a president. If he didn’t work for government and he saying this and you can little bit test him. But he is a part of this government.
You know how to stop the country from going to IMF? why didn't you do it and have to let them go to IMF? The same people
Yes He really knows that’s why he has used only Ghc2.7billion to generate Ghc50billion for government and as I speak , the Agric sector developed by Dr. Akoto is the major driver of the economy.