Politics

IMF bailout: Trust NPP to find solutions in crisis – Gabby Otchere-Darko to Ghanaians

A founder of Danquah Institute, Gabby Asare Otchere-Darko has asked the citizenry to trust the New Patriotic Party (NPP) government to fix the ailing economy of the country.

According to him, although the Akufo-Addo administration has asked for financial support from the International Monetary Fund (IMF), the NPP has a track record of being dependable in times of crisis.

“I will say to Ghanaians trust the NPP because they have shown that when they meet crisis they find solutions to those crises,” he said on Saturday.

Mr Otchere-Darko who was contributing to the topic ‘Fixing Broken Economy’ on JoyNews’ Newsfile, said the Akufo-Addo government is undertaking projects that will transform the fortunes of the country.

While admitting that the country is currently facing some challenges, the outspoken politician said the NPP administration has the competence to steer the affairs of the nation back on track.

“We are facing fiscal challenges now. It is not peculiar to Ghana but our case has been made worse by the weaknesses we had in our system historically. Nobody wanted to go to IMF; John Mahama didn’t want to go to IMF in 2015. Ghana didn’t want to go to IMF but we are a member of it and if we need that risk pipe to help us get back on track let’s take full advantage of it.

“But let’s also understand that we have in office a government and a group of people that have a history of giving us solutions,” Mr Otchere-Darko said on Saturday.

On Friday, news broke that President Akufo-Addo had directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund, for an economic programme.

In a document issued by the Information Ministry, there has already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo conveying government’s decision to engage the Fund.

But a former Deputy Minister for Information, Felix Kwakye Ofosu, says the move is long overdue.

For him, the Akufo-Addo-led government has no option due to the dire situation of the economy.

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