\n
By Albert Futukpor\u00a0<\/p>\n
Tamale, Nov 27, GNA-Professor Patrick Asuming, an Economist and Senior Lecturer, Department of Finance, University of Ghana Business School, has assessed the country\u2019s International Monetary Fund (IMF) programme and praised government for successfully implementing the programme so far.\u00a0<\/p>\n
\u00a0He, however, said whilst macroeconomic indicators had improved from 2022, but still worse than pre-2022 levels, micro-level data showed that economic conditions had worsened as food insecurity had worsened and more people were multidimensionally poor.\u00a0<\/p>\n
He added that \u201cAs designed, the programme does not address the most important long-term challenges of the economy; overdependence on foreign financing and imports, weaknesses in domestic production capacity.\u201d\u00a0<\/p>\n
Professor Asuming said this whilst delivering a paper during a discussion on \u201cPublic Debt and the Climate Crisis in Ghana: Promoting Economic Justice and an Integral Ecology for Citizens\u201d.\u00a0<\/p>\n
His topic was: \u201cGhana\u2019s Debt, the IMF Programme and Fiscal Accountability\u201d.\u00a0<\/p>\n
The virtual discussion was organised by Caritas Ghana, the humanitarian arm of the Ghana Catholic Bishops\u2019 Conference and member of the global Caritas Confederation, operating under the National Catholic Secretariat.\u00a0\u00a0<\/p>\n
The discussion was to explore Public Debt and Climate Crisis issues from an economic recovery and integral ecology perspective seeking sustainable pathways that prioritised economic justice, environmental stewardship and accountability.\u00a0\u00a0<\/p>\n
The Advocacy campaign mainly targeting Faith-based Leaders is a partnership with Caritas Africa and Jubilee USA, under the Africa Inclusive Economic Recovery Campaign Project ahead of the Jubilee 2025-year.\u00a0<\/p>\n
Participants included leaders of multi-faith institutions from the FAITH in Ghana Alliance, advocates and practitioners from civil society organisations, scholars and journalists.\u00a0<\/p>\n
Professor Asuming emphasised the country\u2019s unsustainable debt levels and the need for structural reforms to address the root causes of the current economic challenges.\u00a0\u00a0<\/p>\n
He said important changes were being made to the country\u2019s fiscal and monetary framework without citizen engagement and called for citizens involvement to ensure that the desired reforms were being implemented.\u00a0<\/p>\n
Mr Neil Thorns, Director of Advocacy and Communications, Catholic Agency for Overseas Development, made a presentation guiding participants in reflection on \u201cLaudato Si, Care for Our Common Home\u201d and the Jubilee Year 2025 \u201cPilgrims of Hope\u201d\u2013 Lines of Approach and Action (163) connecting spiritual and practical approaches to environmental and social justice, emphasising the need for action and reform.\u00a0<\/p>\n
Mr Richard Akurugu, Executive Director, Caritas Ghana, said \u201cOur gathering today reflects the urgency of addressing two interconnected challenges: the public debt burden and the climate crisis.\u201d\u00a0<\/p>\n
He added that \u201cInspired by Pope Francis\u2019 call to hear both \u201cthe cry of the earth and the cry of the poor\u201d, we aim to explore these pressing issues from a lens of integral ecology, seeking sustainable pathways that prioritise economic justice and environmental stewardship.\u201d\u00a0<\/p>\n
GNA\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
By Albert Futukpor\u00a0 Tamale, Nov 27, GNA-Professor Patrick Asuming, an Economist and Senior Lecturer, Department of Finance, University of Ghana Business School, has assessed the country\u2019s International Monetary Fund (IMF) programme and praised government for successfully implementing the programme so far.\u00a0 \u00a0He, however, said whilst macroeconomic indicators had improved from 2022, but still worse than […]<\/p>\n","protected":false},"author":1,"featured_media":257893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-257892","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"\n
Government has so far done well with IMF programme - Prof Asuming\u00a0\u00a0 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government has so far done well with IMF programme - Prof Asuming\u00a0\u00a0 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"By Albert Futukpor\u00a0 Tamale, Nov 27, GNA-Professor Patrick Asuming, an Economist and Senior Lecturer, Department of Finance, University of Ghana Business School, has assessed the country\u2019s International Monetary Fund (IMF) programme and praised government for successfully implementing the programme so far.\u00a0 \u00a0He, however, said whilst macroeconomic indicators had improved from 2022, but still worse than […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-29T17:24:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/Porf-Asuming.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1486\" \/>\n\t<meta property=\"og:image:height\" content=\"739\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Government has so far done well with IMF programme – Prof Asuming\u00a0\u00a0\",\"datePublished\":\"2024-11-29T17:24:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/\"},\"wordCount\":455,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Porf-Asuming.png\",\"articleSection\":[\"Top News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/\",\"name\":\"Government has so far done well with IMF programme - Prof Asuming\u00a0\u00a0 - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Porf-Asuming.png\",\"datePublished\":\"2024-11-29T17:24:11+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Porf-Asuming.png\",\"contentUrl\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/Porf-Asuming.png\",\"width\":1486,\"height\":739},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/11\\\/29\\\/government-has-so-far-done-well-with-imf-programme-prof-asuming\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government has so far done well with IMF programme – Prof Asuming\u00a0\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Government has so far done well with IMF programme - Prof Asuming\u00a0\u00a0 - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/","og_locale":"en_US","og_type":"article","og_title":"Government has so far done well with IMF programme - Prof Asuming\u00a0\u00a0 - Ghanamma.com","og_description":"By Albert Futukpor\u00a0 Tamale, Nov 27, GNA-Professor Patrick Asuming, an Economist and Senior Lecturer, Department of Finance, University of Ghana Business School, has assessed the country\u2019s International Monetary Fund (IMF) programme and praised government for successfully implementing the programme so far.\u00a0 \u00a0He, however, said whilst macroeconomic indicators had improved from 2022, but still worse than […]","og_url":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/","og_site_name":"Ghanamma.com","article_published_time":"2024-11-29T17:24:11+00:00","og_image":[{"width":1486,"height":739,"url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/Porf-Asuming.png","type":"image\/png"}],"author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Government has so far done well with IMF programme – Prof Asuming\u00a0\u00a0","datePublished":"2024-11-29T17:24:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/"},"wordCount":455,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/Porf-Asuming.png","articleSection":["Top News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/","url":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/","name":"Government has so far done well with IMF programme - Prof Asuming\u00a0\u00a0 - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/#primaryimage"},"thumbnailUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/Porf-Asuming.png","datePublished":"2024-11-29T17:24:11+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/#primaryimage","url":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/Porf-Asuming.png","contentUrl":"https:\/\/www.ghanamma.com\/2024\/wp-content\/uploads\/2024\/11\/Porf-Asuming.png","width":1486,"height":739},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/11\/29\/government-has-so-far-done-well-with-imf-programme-prof-asuming\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Government has so far done well with IMF programme – Prof Asuming\u00a0\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/257892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=257892"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/257892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media\/257893"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=257892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=257892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=257892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}