Ghanaians Will Pay More For IMF Bailout – Akoto Osei

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Economist, Dr John Gatsi indicates this will depend on the orientation of representatives negotiating for Ghana.

He explained that Ghana will present a set of strategies and projects to the IMF which will subsequently be studied by the IMF and inputs will be made.

‘It is not the place of the IMF to indicate that without this particular one I will not come in,’ he clarified, adding that the IMF ‘may select and choose but the underlining and driving force is about partnership.’

Dr. Gatsi mentioned that Ghana has future financial and economic prospects ‘and so it is in this line that going into the IMF now is more flexible now than the days that we were only takers at the negotiating table.’

He urged Ghanaians not to worry over the possible hardship but rather, the team which will negotiate on behalf of Ghana.

‘What is their orientation? If their orientation is towards the upfront removal of subsidiesso we should rather check on those who will be representatives of Ghana in discussing the issues of subsidies,’ he cautioned.

Credit: Efua Idan Osam | Citifmonline.com

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