Politics
Sam George Responds To Government’s Decision To Have An Engagement With IMF For Bailout
The Member of Parliament for Ningo-Prampram, Sam George has responded to the government’s decision to have an engagement with the International Monetary Fund (IMF).
Finance Minister, Ken Ofori-Atta has been authorized to commence a formal engagement with the IMF.
The decision by the government was revealed in a statement signed by the Minister of Information, Kojo Oppong Nkrumah.
This was on the back of President Akufo-Addo’s phone conversation with the Managing Director of IMF, Miss Kristalina Georgieva.
“The engagement with the IMF will seek to provide balance of payment support as part of a broader effort to quicken Ghana’s build back in the face of challenges induced by the Covid-19 and, recently, the Russia-Ukraine crises,” the statement added.
Responding to this, Sam George said common sense is now prevailing.
He tweeted: “We are officially going back to the IMF for a program. Finally common sense is prevailing. 🦁🇬🇭.”