HOW COME GHANA ALWAYS GOES TO THE IMF, WHILE EX-PRESIDENT AKUFO ADDO, HIS COUSIN, EX-FINANCE MINISTER, KEN OFORI ATTA AND THEIR CLIQUES, HAVE MILLIONS OF U.S.A. DOLLARS IN FOREIGN BANK ACCOUNTS---AKUFO ADDO--($900+ MILLION DO ... read full comment
HOW COME GHANA ALWAYS GOES TO THE IMF, WHILE EX-PRESIDENT AKUFO ADDO, HIS COUSIN, EX-FINANCE MINISTER, KEN OFORI ATTA AND THEIR CLIQUES, HAVE MILLIONS OF U.S.A. DOLLARS IN FOREIGN BANK ACCOUNTS---AKUFO ADDO--($900+ MILLION DOLLARS); KEN OFORI ATTA--$480+ MILLION; AND A WHOLE LOT OF GHANAIAN POLITICIANS. HOW MUCH WERE/ARE THEY PAID ANNUALLY ? HOW DID THEY AMASS SUCH AMOUNT OF MONEY ? IF THOSE MONIES WERE NOT STOLEN FROM NATIONAL COFFERS, WHY ARE THOSE MONIES BEING KEPT IN FOREIGN BANK ACCOUNTS ? DON'T WE HAVE BANKS IN GHANA ? WHY SHOULD WE GO TO THE I.M.F., TO BORROW MONEY, WHILE WE HAVE ALL THOSE NATURAL RESOURCES ON THE CONTINENT OF AFRICA ?
GHANA NEEDS A COUP D'ETAT--WE WANT AND NEED A COUP !!!
Ghana man 1 day ago
Eii, I thought they said aban papa aba so why again? Boi
Eii, I thought they said aban papa aba so why again? Boi
Asiedu 1 day ago
The article raises an important and uncomfortable question for Ghana: if the economy is showing signs of recovery, why does the country still appear unable to move beyond IMF dependence? In that sense, the writer is not just ... read full comment
The article raises an important and uncomfortable question for Ghana: if the economy is showing signs of recovery, why does the country still appear unable to move beyond IMF dependence? In that sense, the writer is not just criticizing policy, but challenging Ghana’s confidence in managing its own future.
The strongest part of the article is its focus on Ghana’s deeper structural problems. The IMF cannot solve corruption, weak institutions, political patronage, indiscipline, or short-term politics. Those are internal national issues. The article is right to argue that without addressing them, IMF programmes will only continue becoming temporary relief rather than permanent solutions.
At the same time, the article slightly oversimplifies the realities of global finance. Countries do not engage the IMF only because they are collapsing. Sometimes governments seek IMF backing to maintain investor confidence and economic credibility. Ghana’s economy also faces vulnerabilities such as election spending, debt pressures, and import dependence, which make policymakers cautious.
Still, the article succeeds in forcing a serious national conversation. The real issue is not whether the IMF is good or bad, but why Ghana remains structurally vulnerable after decades of resources, reforms, and repeated IMF interventions. If that question is ignored, the cycle will continue no matter which political party is in power. Great article for national discussion and I hope that political actors wouldn't reduce this debate into NDC vs NPP propaganda instead of engaging the core issue: Why has Ghana remained structurally vulnerable after decades of independence, resources, loans, reforms, and repeated IMF interventions?
Ahene 1 day ago
I'm not surprised. The lies that were being touted were too curious to believe. For an NDC party that said the NPP had ruined the economy forgeting their candidate Mahama mercilessly ruined by 2016 after start-up by Mills, wa ... read full comment
I'm not surprised. The lies that were being touted were too curious to believe. For an NDC party that said the NPP had ruined the economy forgeting their candidate Mahama mercilessly ruined by 2016 after start-up by Mills, wasn't it a miracle that suddenly after 6 months all was becoming ok? Only their bootlickers and fool soldiers believe. Returning to IMF by NDC will not be surprising.
Frank Asante 17 hours ago
Two facts
Massive spending by NPP and caught off guard Covid crisis Gold Price 1600
NDC less spending Gold price 4500 to 5000
Reckless spending
A bit of Good luck
Now is time to build a resilient economy with the curre ... read full comment
Two facts
Massive spending by NPP and caught off guard Covid crisis Gold Price 1600
NDC less spending Gold price 4500 to 5000
Reckless spending
A bit of Good luck
Now is time to build a resilient economy with the current crisis
Let's move on
Teddy Amofah 9 hours ago
I think the energy crisis coupled with external factors (volatility of swings in prices of gold and cocoa can derail what the government has achieved. The weakness of our economy is our over reliance on imports at the expense ... read full comment
I think the energy crisis coupled with external factors (volatility of swings in prices of gold and cocoa can derail what the government has achieved. The weakness of our economy is our over reliance on imports at the expense of exports.Exports creates jobs for our teaming unemployed youth whilst more imports creates jobs abroad.Until we get the balance right,we would always be at the mercy of the imf/world bank
Former President 8 hours ago
So their lies are starting to find them out. Trouble is we all have to pay.
So their lies are starting to find them out. Trouble is we all have to pay.
HOW COME GHANA ALWAYS GOES TO THE IMF, WHILE EX-PRESIDENT AKUFO ADDO, HIS COUSIN, EX-FINANCE MINISTER, KEN OFORI ATTA AND THEIR CLIQUES, HAVE MILLIONS OF U.S.A. DOLLARS IN FOREIGN BANK ACCOUNTS---AKUFO ADDO--($900+ MILLION DO ...
read full comment
Eii, I thought they said aban papa aba so why again? Boi
The article raises an important and uncomfortable question for Ghana: if the economy is showing signs of recovery, why does the country still appear unable to move beyond IMF dependence? In that sense, the writer is not just ...
read full comment
I'm not surprised. The lies that were being touted were too curious to believe. For an NDC party that said the NPP had ruined the economy forgeting their candidate Mahama mercilessly ruined by 2016 after start-up by Mills, wa ...
read full comment
Two facts
Massive spending by NPP and caught off guard Covid crisis Gold Price 1600
NDC less spending Gold price 4500 to 5000
Reckless spending
A bit of Good luck
Now is time to build a resilient economy with the curre ...
read full comment
I think the energy crisis coupled with external factors (volatility of swings in prices of gold and cocoa can derail what the government has achieved. The weakness of our economy is our over reliance on imports at the expense ...
read full comment
So their lies are starting to find them out. Trouble is we all have to pay.
Nice piece Ngamau