If we had planned effectively, we wouldn’t have ended ourselves at the IMF – Boakye Agyarko

Hon. Boakye Agyarko, a potential presidential contender for the ruling New Patriotic Party, has said that Ghana’s IMF bailout was the consequence of careless management on the part of the government.

The government’s judgments and policies, according to the former minister of energy, had a negative impact on the economy and led to requests for a bailout from the IMF.

On Monday, July 17, 2023, Mr. Agyarko said during an exclusive interview on Otec fm’s afternoon political talk show dubbed Dwabrem with Prince Nii Ade (Dok. Cash) that although Ghana is not the first nation to request a bailout, it might have been avoided if the economy had been managed well.

He however suggested that there’s a need for property management of the economy to avoid another bailout in the near future.

“Though all is not well in Ghana because no one can defend that but I believe we have what it takes to take the country back on track, our tradition and values show that we are competent party but together we can rise again” Mr Agyarko stated.

He also used the opportunity to advice the government “How can a country like Ghana sells its cocoa to other countries and import chocolate”? Agyarko quizzes

“The IMF conditions will only stabilize the economy for just 3 to 4 years so what are we going to do to sustain that as a country”.

“House that is built on rocks does not fall but the one that is built on sand falls” he added.

The National Council and the National Executive Committee meeting have been fixed for July 20, 2023 to adopt the report, while the list of qualified presidential aspirants will be published on July 21, 2023.

Balloting for positions on the ballot paper will take place on Monday, July 24, while the first notice of poll is scheduled for Tuesday, July 25, 2023.

If the qualified candidates exceed five, a Special Electoral College will be held on August 26, 2023, to prune the number to five.

Fresh balloting of the final five qualified candidates will take place on August 28, 2023 with the final notice of poll fixed for August 31, 2023 and the national congress to elect the flag bearer will be November 4, 2023, while a run-off, if any, is scheduled for November 11, 2023.

Source: Ghanatodayonline.com