The Convention People’s Party (CPP) has said that the government’s step to the International Monetary Fund (IMF) for support is a lazy approach.
In a statement released yesterday, Tuesday, July 5, 2022, the party said: “Ghana has gone to the IMF for a bailout Seventeen (17) times, and does the Akufo -Addo and Bawumia government believe this 18th time would create the magic wand that would salvage the Ghanaian Economy, we in the CPP believe that a run to the IMF is a lazy man’s approach to solving the problem as well as a short term fix which cannot redeem our damaged economy.”
According to the party, the Nana Akufo-Addo/Bawumia government needs an outside body like the IMF to hold them to a fiscal discipline regime where they will be forced to be prudent and to have a plan aimed at prioritising spending.
“It means the Nana Akufo-Addo government all this time did not know what they were about and they were playing games with our economy, not caring a hoot about the implications and ramifications of their negligence on the people of this country.”
The party mentioned that while in such an ‘economic doldrums, and a complete quagmire’ the government is only concerned about its inability to ‘break the 8.’
“To them the people of Ghana matters not but their desire to stay in power to loot, destroy and plunder,” the statement added.
The CPP admonished the government, saying that any IMF programme they are going to negotiate on behalf of Ghanaians must have the interest of the Nation at heart.
“It should be one that will promote and empower the People of Ghana economically not impoverish them,” the statement said.
The party urged Ghanaians to vote out the New Patriotic Party (NPP) government on 7th December 2024 and vote for the CPP to change the fortunes of Ghanaians for the better.
The CPP also demanded that the government apologise for “putting us in this mess and breaking all their promises to Ghanaians.”
This follows the Finance ministry’s announcement about the government’s decision to have formal talks with the IMF after it failed to generate the needed revenue targets.
