IMF bailout: Publish the type of programme you opt for – Seth Terkper to Government

Ghana’s Former Finance Minister, Seth Terkper, has asked government to make public the exact economic programme Ghana is opting for, from the International Monetary Fund (IMF).

This comes on the back of Ghana’s intention to request for IMF bailout following the directives of the President Nana Addo Dankwa Akufo-Addo on July 1, 20222 to the Finance Minister.

Speaking on Joy FM‘s Super Morning Show, he stated that Ghanaians will be interested to know the details of the programme.

“…for instance, homegrown policies, what I expect is that government will answer to these in the programme. So they should publish the programme to know whether these things (homegrown policies) have been adjusted,” he said.

The comment follows government’s decision to seek economic support from the Fund.

A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1, 2022, indicated that there had already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo conveying government’s decision to engage the Fund.

Source: PFM Tax Africa / Amos Ekow Coffie