The President of IMANI
AFRICA, Mr. Franklin Cudjoe has advised the government to go
to the International Monitoring Fund (IMF) for support and rather not be shy as
the country's Economy is sinking and there is no hope.
The leader of one of the most
recognized Civil Service Organization (CSO) in Africa on Monday 17th January,
2022 took to his social media wall to state his opinion on the state and Faith
of the Ghanaian Economy.
Below are the words of Mr. Franklin
Cudjoe;
"We all fall on hard times and
need some support from family and friends..but Government has driven the
country into a debt iceberg and we are sinking with fewer life boats. And
passerby ships that should care are simply smiling and waving at us.. We need
to stop the debt clock by rationalising our expenditure plans and more.. Meanwhile,
government should talk to the IMF to help. We shouldn't be shy at all."
This comes after the government has
been advised by Economic experts and CSOs to sort to the IMF to prevent the
country from falling in all sectors of the economy.
Many believe the government will find it very difficult to adhere to this plea because it's afraid of the criticism that will come from the Country's largest opposition Party the NDC.
One may
remember that during the government of the National Democratic Congress led by
His Excellency John Dramani Mahama went to the IMF to seek refuge as the
country at that time was going through Economic crises. But this decision by
the Mahama led administration was seriously criticized by this government then
Opposition party the New Patriotic Party (NPP) headlined by the Vice president
Dr. Mahamudu Bawumia then running mate to then presidential Candidate Nana
Akufo-Addo.