Minority Leader in Parliament, Haruna Iddrisu says the government must take full responsibility for the hardship and the economic woes which have culminated in the country going to the IMF for an economic bailout.
He is blaming the country’s current economic crisis which has necessitated a possible bailout from the International Monetary Fund (IMF) on what he describes as unnecessary expenditure on the part of the government.
In recent days, high-ranking government officials and NPP members have claimed that the NDC’s opposition to the e-levy and the delay in its implementation was to blame for the tax policy’s inability to generate the anticipated income.
They assert that this was the reason the government turned to the IMF for a bailout.
However, at a media briefing in parliament on Wednesday ahead of the IMF meeting with Ghanaian Officials, Mr. Iddrisu said the government’s intolerance of other people’s views and suggestions.
According to him, excessive spending and borrowing have triggered this economic crisis and its hardship on Ghanaians.
He emphasized saying “what is of great concern to the NDC minority is that they arrogantly rejected every reasonable suggestion from us and from other respected economists and Ghanaians on working together to improve the economy. President Nana Addo Danquah and Dr. Mahamoud Bawumia should take full responsibility for incompetently managing the economy, and suffocating debt levels which have necessitated the rethread for us to request an agreement with the International Monetary Fund for the restructuring of our debts.”
However, the ranking member of the Finance Committee of Parliament, Dr. Cassiel Ato Forson hinted that Ghanaians should expect nothing than tough and hardship under the new IMF program which is about to be introduced.
To him, “this will be the first time that we will do an IMF program with debts restructuring. That will mean a lot. That will mean that Ghana will go through another face of HIPC to the extent that we are going to look at our debt and restructure it. The government should come clean and tell us what exactly the people of Ghana should expect instead of blaming Ukraine and Russia.”
Source: Eric Sekyi/ATLFMNEWS
