{"id":1139434,"date":"2022-07-01T14:48:10","date_gmt":"2022-07-01T14:48:10","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/07\/01\/sam-george-reacts-to-govts-decision-to-go-imf\/"},"modified":"2022-07-01T14:48:10","modified_gmt":"2022-07-01T14:48:10","slug":"sam-george-reacts-to-govts-decision-to-go-imf","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/07\/01\/sam-george-reacts-to-govts-decision-to-go-imf\/","title":{"rendered":"Sam George reacts to govt’s decision to go IMF"},"content":{"rendered":"

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\"Sam
Sam George<\/figcaption><\/figure>\n<\/div>\n

The MP for Ningo-Prampram, Sam George has reacted to government\u2019s intention to begin formal engagements with the International Monetary Fund (IMF).<\/p>\n

For the outspoken politician, the move is long overdue, since the country\u2019s economy has not been in good form for many months.<\/p>\n

\u201cWe are officially going back to the IMF for a program. Finally, common sense is prevailing,\u201d Mr George tweeted on Friday.<\/p>\n

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We are officially going back to the IMF for a program. Finally common sense is prevailing. \ud83e\udd81\ud83c\uddec\ud83c\udded<\/p>\n


\n\u2014 Sam \u2018Dzata\u2019 George (@samgeorgegh) July 1, 2022<\/a><\/p><\/blockquote>\n

At the beginning of the year, the Akufo-Addo-government had been adamant in seeking financial support from the IMF despite the adverse effects of Covid-19 on the economy.<\/p>\n

It insisted that home grown alternatives can be exploited to revamp the ailing economy, hence, the Electronic Transfer Levy (e-levy) was implemented.<\/p>\n

But on Friday July 1, 2022, President Akufo-Addo has instructed the Minister of Finance to commence official engagements with the International Monetary Fund.<\/p>\n

This follows a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo, conveying the government\u2019s decision to engage the Fund.<\/p>\n

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