The Technical Advisor to the Ministry of Finance, Dr. Abudu Abdul-Ganiyu, has assured that the Akufo-Addo-Bawumia government will hand over a healthy, strong, and robust economy by January 2025.
Speaking on Morning Starr with Naa Dedei Tettey, Dr. Abdul-Ganiyu emphasised that despite economic challenges, the current New Patriotic Party (NPP) government has worked diligently over the years to avoid leaving behind a difficult situation for its successor.
He further explained that although the country has sought assistance from the International Monetary Fund (IMF), the Finance Ministry has remained disciplined with its fiscal policies, even during this election year.
Dr. Abdul-Ganiyu reiterated that the government’s economic governance efforts have been focused on ensuring a smooth transition.
He also highlighted the importance of maintaining discipline in working with the IMF.
Dr. Abdul-Ganiyu added that the government’s ability to stay disciplined and meet its targets despite the IMF’s involvement reflects its commitment to sound economic governance.
“So as far as economic governance is concerned and that is what the Akufo Addo government has done in the last years. It was going to do everything possible to ensure that by January of 2025 when it is handing over, it is handing over a very healthy, a very strong and a very robust economy. It is not going to leave a very difficult situation for any government that is going to take over and so far that is what the books are showing.”
So if for the first time in our history, we are seeing a government that wants to win the elections and at the same time working with the IMF to stay in case of whatever targets then it shouldn’t just be dismissed that we don’t have a choice but to do the needful. IMF has been around yes I agree but it also requires discipline; you know. What that will mean is that after every half review if we were not disciplined you will hear that Ghana did not meet its set targets and that will mean that by the next review, they will expect you to meet those targets. And when they are not met it will mean that instead of having a three-year program, it will be extended by another year or even two and it has happened in our history before. So if we have remained disciplined it should not be down to the fact that IMF is around”, he stated.
Source: Ghana/Starrfm.com.gh/103.5FM/Mercy Lokko Adjei Sarfo
