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IMF programme here to save the poor and vulnerable – Government spokesperson on governance

Thu, May 25 2023 7:31 PM
in Business, Ghana General News, Politics
imf programme here to save the poor and vulnerable government spokesperson on governance
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PALGRAVE

Government spokesperson on governance and security, Palgrave Boakye Danquah, says the International Monetary Fund (IMF) programme is a life-saving initiative for the less privileged in society.

This is to buttress statements made by President Akufo-Addo concerning the impending review of some implemented policies and related IMF issues.

Ghana has received the first tranche of a a $3 billion Extended Credit Facility in a three-year economic programme approved by the Executive Board of the IMF on May 17, 2023, which will end in 2027.

Prior to that, the president at the 3rd Qatar Economic Forum outlined some key indicators the government was looking forward to achieving with the funds.

Speaking on Joy Prime’s morning show on Thursday, the government spokesperson asserted that the IMF deal is to help stabilise Ghana’s economy and protect the lives of the vulnerable people in the country.

“Why we have the IMF in the country is to ensure that we constantly have economic growth and transformation. So, the IMF programme has come to protect the lives and livelihoods of the vulnerable and the poor people,” he assured.

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However, there have been demands by the minority in parliament for the government to review some implemented projects.

In response to that, the Information Minister, Kojo Oppong Nkrumah, announced that some of the government’s policies will be reviewed to help in the proper spending of the funds.

Adding his opinion to that, Palgrave Boakye indicated that “I can appreciate that there are calls for reviews of our government’s policies. Definitely, any government at various challenging times would want to review some of their policies.”

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He said the Akufo-Addo-led government’s policies have become a civic responsibility for all Ghanaians, as citizens have played a key role in decision-making under the NPP administration.

He based his point on the fact that Ghanaians have shown great interest in and support for some of the government’s initiatives, one of which is Free SHS.

According to him, these policies have positively impacted lives across the country since their regime in 2017.

Hence, he said, “If Ghanaians are asking for a review of it, sizeable parts have been actualized to become a civic responsibility for the Ghanaian people, and the road map has been set in place.”

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