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Kevin Taylor Drops Another Sad News For Ghana, Following The IMF Bailout

International Monetary Fund (IMF) Bailout has become one of the topics most Ghanaians debate about whether it is right for the government taking Ghana to IMF.

According to some opinions that came out it is totally wrong for Ghana to go to IMF again for a Bailout. There should be a different way that they can use to mobilize funds to develop the country than going for a loan.

According to Taylor’s message posted on his Facebook page reveals what Steve Hanke said about the country’s inflation rate. According to the Professor of Economics Analyst, the current inflation rate in Ghana is 49.35%/year.

He revealed IMF loans can’t save Ghana’s economy. And it is sad-looking because the finance minister is fully assured IMF bailout can save Ghana from the economic crisis. Initially, it was E-levy but it couldn’t work as expected.

Post By Kelvin Taylor;

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