BUSINESS

Akufo-Addo-Bawumia’s IMF program is the worst since Mansa Musa and Ato Forson.

Akufo-Addo-Bawumia’s IMF program is the worst since Mansa Musa and Ato Forson. Dr. Cassiel Ato Baah Forson, the minority leader, has reprimanded the government for approving one of the worst IMF programs.

He criticized the government for first insisting it wouldn’t approach the IMF, even though all indications pointed to a collapse of the economy.

The Akufo-Addo-Bawumia government “signed the worst form of an IMF program since Mansa Musa went on a pilgrimage to Mecca,” he claimed, when it ultimately opted to leave.

On Thursday, Dr. Ato Forson addressed a crowd at the University of Professional Studies, Accra (UPSA) and mentioned that the government had signed one of the worst IMF deals.

“It is important to note that this is the first IMF program that included a debt restructuring scheme, also known as “haircuts,” and it was the first time in Ghana’s history.

The rich, middle class, and even the poor have all suffered because of this ‘haircuts’ campaign.

Our banking and financial institutions are now insolvent, bankrupt, and figuratively on their knees as a result of the same debt restructure.

The member from Ajumako-Enyan-Essiam called for the Bank of Ghana Governor’s resignation after criticizing him for some of the problems with the economy.

That was in line with the event’s topic, which was to talk about how the economy got to this point of weakness.

The Minority will demand the resignation of the Governor, his two deputies, and the bank’s directors during a protest march on Tuesday, September 5.

Akufo-Addo-Bawumia’s IMF program is the worst since Mansa Musa and Ato Forson.

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