If readers would recall, in the run-up to the 2016 general elections in Ghana, the president, Nana Addo Dankwa Akufo-Addo, and his team, when contesting for power, promised citizens to actualize a ’ Ghana beyond aid’.
The initiative meant that if elected into power, he would ensure the country would not depend on foreign aid and, as such, would never go to the IMF for support.
To remind the government of its ambitious promise while running for power, Nana Aba Anamoah made a cynical post on Twitter with the message “Ghana Beyond Aid.”
The president has ordered the Minister for Finance, Ken Ofori-Atta, to start formal processes with the IMF to convey Ghana’s decision to engage the Fund.
A statement signed by Kojo Oppong Nkrumah, Ghana’s information minister, reveals that the directive follows a telephone conversation between the president and the managing director of the IMF, Kristalina Georgieva.
The statement also hinted that the government’s engagement with the IMF is to ensure a quick economic recovery from the economic challenges induced by the COVD-19 pandemic and the Russia-Ukraine crisis.