On Friday, the Information Ministry announced that President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagem
On Friday, the Information Ministry announced that President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund.
The decision has taken many Ghanaians by surprise.
This is because before approaching IMF, the government, on numerous occasions, insisted that a bailout from the Fund is not in its plans to restore fiscal stability in the country.
In February, the Finance Minister, Ken Ofori-Atta noted that the repercussion of seeking an IMF bailout will not be favourable for the country’s fortunes.
“Consequences are dire, we are a proud nation, we have the resources, we have the capacity. We are not people of short-sight, but we have to move on.”
To this, the e-levy was introduced as a homegrown solution to raise money for the country.
However, Gabby Otchere-Dorko on Wednesday tweeted that the levy has failed to live up to the expectations of the government.
Many Ghanaians have been reacting to the news. Some people are not happy that the government “forced e-levy down the throats” of the public only to seek an IMF bailout.
Others are questioning why the government has changed its decision from no IMF support to an IMF bailout.
See the reactions below:
Becoming a republic on July 1 and then going to the IMF on July 1 is the most ironic thing ever
— Abdul-Halim (@Abdulhhu) July 1, 2022
After forcing E-levy down our necks , Government still runs back to the IMF for support. Akuffo Addo la scam. pic.twitter.com/o7D7irI46V
— ABUBAKAR MAMUDU ALUTIBA (@HonAbu01) July 1, 2022
Finally them get some sense😂😂😂😂😂.
We no go go IMF
We no go go IMF
We no go go IMF is now on way going pic.twitter.com/MQVMFcHPoe
— VybGodd 😋 (@kojovybxx) July 1, 2022
They sent Gabby to come and sweep the way and prepare us for this IMF something lmao why is our govt treating us like we Dey some therapy session.
— Tabs (@_Tabiri) July 1, 2022
@NAkufoAddo is the biggest mistake in our country’s history. His government has been the most useless and corrupt. His hypocrisy and incompetence has brought the country to its knees. Crooks in government #IMF pic.twitter.com/RaTt2C1Gkk
— Fix The Country (@fixthecountry_) July 1, 2022
@MBawumia So after all your talk, it’s IMF huh.🤣🤣🤣🤣
— Kobathedread (@Kobathedread1) July 1, 2022
Government who releases money for cathedral is the same government going for IMF ?
aba bullshit nono ?
— AJ (@adwoaaa) July 1, 2022
Ghana has more than enough money from taxes and our natural resources yet we always have to go to IMF. Where exactly is all the money going to?
— Nungua Cardi B💕 (@ellyserwaaa) July 1, 2022
“We are not going to the IMF, don’t let anyone deceive you”
So what happened? pic.twitter.com/lCWLXacE17
— Cris Cross 🇬🇭💎 (@billchris720) July 1, 2022
We sat in this country and allowed Bawumia & Akufo-Addo to yob we k3k3.
Where’s the solid team of economic management? Where’s their competence?
IMF austerity coming up after they’ve lived larged. Scam! Smh.
— C i t i z e n S p e c t a t o r ® 💫 (@x_trailblazer) July 1, 2022
Ahhh so upon all the noise by the NPP , we’re still going to the IMF barely 4 years after leaving them.?
E levy | Ghana Card | Republic day | IMF | CAF pic.twitter.com/qZYnF5iccQ
— Boom (@Moskiflow) July 1, 2022
But correct me if I’m wrong; one of the reasons why the E Levy was introduced was to make us not go back to IMF. So if the government is going back IMF why keep E Levy? I think we have a problem with management and structure.
— Kwame Osei-Asante (@kwameoasante) July 1, 2022
They have enriched themselves and their families dirty and they leave the rest of the nation to pay. Ghana us going back to #IMF.
Shame on u @konkrumah @GabbyDarko pic.twitter.com/dnhpwlXLV8
— Kulungugu Warrior (@Kulungugu1) July 1, 2022
NPP and NDC what do they have in common, well IMF. Very clueless bunch of political parties and their balance scorecards are the same. Both don’t carry last😜😜🤣🤣🤣 pic.twitter.com/J0CzLJwxgy
— Bright Anaafi (@anaafi_bright) July 1, 2022
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