Learn How To Make Money From Home Using Your Smartphone In 2025
By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AfricaNews360AfricaNews360
  • Politics
    PoliticsShow More
    Ghanaian Court annuls 2024 Parliamentary Election over irregularities
    November 24, 2025
    The future is African – Ghana President declares at UN Assembly
    September 26, 2025
    Burkina Faso to ‘street honour’ late Ghanaian President Jerry John Rawlings
    May 19, 2025
    Burkina Faso honours late president Thomas Sankara with memorial park
    May 19, 2025
    Nigeria Presidency refutes Catholic leaders’ criticism of economic hardship
    March 11, 2025
  • Business
    BusinessShow More
    President Donald Trump, left, and Chinese President Xi Jinping, right, pose for photo before their US-China summit at Gimhae international airport in Busan, South Korea, on October 30, 2025 [Mark Schiefelbein/AP Photo]
    Trump says China’s Xi Jinping agreed to accelerate purchases of US goods
    November 26, 2025
    Ghana, Dalian deepen bilateral ties to boost education, culture and trade
    November 13, 2025
    Ghana secures additional $28m grant from China for infrastructure projects
    October 17, 2025
    Ghana’s President Mahama seeks investment partnerships during Singapore visit
    August 25, 2025
    Ghana’s Tourism Minister commends Emirates at grand opening of Travel Store
    May 15, 2025
  • Showbiz
    ShowbizShow More
    Davido releases ’10 Kilo’ Music Video
    August 13, 2025
    Nigerian Star Davido’s Foundation supports 500 orphanages in annual Charity drive
    February 13, 2025
    Nigerian president Tinubu celebrates Nollywood icon Nkem Owoh ‘Osuofia’ at 70
    February 8, 2025
    Burkina Faso’s Bissa music sensation Eunice Goula drops new Banger ‘Mariage’
    September 25, 2024
    Kenya’s president hosts national music festival
    August 16, 2024
  • Sports
    SportsShow More
    Ghana to host 2026 African Senior Athletics Championships
    January 21, 2026
    Bliss turns to abbyss as Panenka dazes Díaz in AFCON Final
    January 19, 2026
    Mane bows out as AFCON legend with second title and Player of Tournament award
    January 19, 2026
    Mané breaks AFCON assist record as Senegal defeats Morocco in Final
    January 19, 2026
    Gueye stunner breaks Morocco hearts as Senegal claim AFCON amid chaos
    January 19, 2026
  • Biographies
    BiographiesShow More
    Michael Gallup Bio, Age, Net Worth, Height, Parents, Siblings, Wife, Children
    July 25, 2024
  • Columns
    ColumnsShow More
    Ghana Government does not subsidize Hajj Pilgrims: Debunking the myth with facts
    March 7, 2025
    Full Speech: South African president’s address at first G20 Foreign Ministers’ meeting 2025
    February 22, 2025
    Ing. Abdullah Mohammed Billey: The Ghanaian road expert victimised for political reasons by the ousted Government
    February 3, 2025
    Ghana President Mahama’s speech at Africa Prosperity Dialogues 2025
    February 2, 2025
    An American opinion on the impending NDC Government structure
    December 17, 2024
  • Travel
    TravelShow More
    Ghana’s Tourism Minister commends Emirates at grand opening of Travel Store
    May 15, 2025
    Thousands of Ethiopian diaspora heed PM’s call to ‘come home’
    May 2, 2024
    Malawi and Ghana sign visa waiver agreement to enhance bilateral ties
    March 21, 2024
    Ghana signs visa waiver agreement with Bahamas
    February 22, 2024
    Malawi scrapes visa restrictions for 79 countries
    February 9, 2024
  • Editorial
    EditorialShow More
    FEATURE: Kigali City- A glittering jewel of Africa
    September 2, 2023
    All eyes on INEC as Nigeria decides
    February 26, 2023
    Feed Africa Summit: Continent Plans to Achieve Zero Hunger by 2030
    January 25, 2023
    Africa must speak with one voice at COP27
    November 8, 2022
    Nigerian headteacher sentenced to death after pupil’s murder
    July 28, 2022
  • World
    WorldShow More
    Robert Prevost
    American prelate Robert Prevost elected New Pope
    May 9, 2025
    Rwanda cuts diplomatic ties with Belgium amid Congo conflict tensions
    March 17, 2025
    ICC issues arrest warrants for Israel’s Benjamin Netanyahu, Ibrahim Al-Masri
    November 21, 2024
    Voting underway in US as Donald Trump faces Kamala Harris for presidency
    November 5, 2024
    Biden directs US forces to aid Israel’s defence against Iran
    October 2, 2024
Reading: The bitter road to IMF in 2022/23 – Lawrence Appiah writes
Share
Notification Show More
Latest News
Ghana to host 2026 African Senior Athletics Championships
January 21, 2026
Bliss turns to abbyss as Panenka dazes Díaz in AFCON Final
January 19, 2026
Mane bows out as AFCON legend with second title and Player of Tournament award
January 19, 2026
Mané breaks AFCON assist record as Senegal defeats Morocco in Final
January 19, 2026
Gueye stunner breaks Morocco hearts as Senegal claim AFCON amid chaos
January 19, 2026
Aa
AfricaNews360AfricaNews360
Aa
  • Technology
  • Science
  • Education
  • Health
Search
  • Topics
    • Business
    • Columns
    • Gossip
    • News
    • Politics
    • Showbiz
    • Fashion
    • Climate
    • World
    • Videos
Have an existing account? Sign In
Follow US
AfricaNews360 > Columns > The bitter road to IMF in 2022/23 – Lawrence Appiah writes
Columns

The bitter road to IMF in 2022/23 – Lawrence Appiah writes

Posted Africanews360 May 31, 2023 4 Min Read
Updated 2023/05/31 at 8:52 AM
SHARE

Some of us are very surprised that the government of Nana Addo ended up in the hands of the IMF, knowing what some of his ministers and party members said in 2016 about going to the IMF. Here we go:

Dr. Bawumiah. He laid down some of the conditions that necessitate a country to go to the IMF. He said if the country is spending too much relative to income, if the government is borrowing too much and if the external payment position of the country starts deteriorating.

Gabby Otchere Darko. He said NDC went to the IMF because we failed to manage our finances well; NDC borrowed recklessly and NDC lacked the discipline in solving our own issues. He then went on to say the IMF does not solve issues, the IMF is not interested in economic growth and IMF policies are not meant to help countries create jobs.

RECOMMENDED FOR YOU  Ghana again extends domestic debt exchange registration deadline

Ken Ofori-Atta. He said Ghana will not go to the IMF because the consequences of going there are dire. He said we are a proud nation, whose people are not short sighted, and we can solve our own problems.

John Kumah – Deputy Finance Minister. He said Ghana is not going to the IMF today, tomorrow and as long as the NPP government remains in power.

Abronye DC. He said when you go to the IMF, it means you are so stupid, so you go there to tell them that you don’t have the brains to manage your economy. They should therefore, come and manage your economy for you.

Kennedy Agyapong. Ken said those in this government who took us to IMF are not even fit to lead the party again. He added that going to IMF meant that the NPP is going to hand over power to the NDC without a contest.

RECOMMENDED FOR YOU  Ghana's Free SHS policy is poorly targeted, says IMF

So, knowing what all these people know, what got them to send us to the IMF? They are telling us the $3 billion from IMF is going to create jobs and for economic growth. Meanwhile, they have told us IMF policies don’t do that. So, who are they deceiving? Themselves or Ghanaians?

The road to IMF has been bitter because when Nana Addo was recklessly renting private jets for his foreign trips and Hon. Okudzeto Ablakwah was speaking against it, didn’t the NPP tell him to use trotro when he is traveling from Accra to his constituency?

When Nana Akufo Addo appointed 125 ministers and wise people were criticizing him, didn’t he say he was in a hurry to fix Ghana problems and that the output of the Ministers will justify why he needed them? So the justification is to send us to the IMF?

RECOMMENDED FOR YOU  IMF staff conclude mission to Côte d’Ivoire

When wise people were criticizing this government of excessive borrowing, didn’t Dr. Bawumiah tell us their borrowing is a smart one? He realized their borrowing was more than reckless when the international community shut Ghana down from further borrowing.

I don’t know what you have seen about this government, but they have done 50 times worse than anything they accused John Mahama of doing. If such caricatures come to you again for your vote, go back and listen to what they said they will NOT do when given the power in 2016.

Mahama reba

Dr. Lawrence Appiah is the Founder of the Diaspora Progressive Movement in USA.

RSS EDITORS’ SUGGESTIONS

  • “Let’s get going” – Cameron Antwi says after joining Gillingham FC
  • OFFICIAL: Gillingham FC announce signing of English-born Ghanaian midfielder Cameron Antwi
  • GFA President Kurt Okraku hails U15 Girls Colts League as defining milestone for Women’s football development
  • Black Stars: Otto Addo watches Edmund Baidoo and Jonas Adjetey in Europa League
  • Ghana FA launches FIFA U15 Girls Regional Colts Leagues
TAGGED: IMF, Lawrence Appiah, Opinion
Africanews360 May 31, 2023
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Ghana to deactivate all unregistered SIM cards today
Next Article Russia-Burundi nuclear energy deal in final stage – Lavrov
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Latest on AfricaNews360

  • Ghana to host 2026 African Senior Athletics Championships
  • Bliss turns to abbyss as Panenka dazes Díaz in AFCON Final
  • Mane bows out as AFCON legend with second title and Player of Tournament award
  • Mané breaks AFCON assist record as Senegal defeats Morocco in Final
  • Gueye stunner breaks Morocco hearts as Senegal claim AFCON amid chaos

More recommendations for you

  • OFFICIAL: German-Ghanaian attacker Davis Asante seals loan move to SV Rodinghausen
  • FC Bocholt confirm signing of German-Ghanaian forward Charles-Jesaja Herrmann
  • “Let’s get going” – Cameron Antwi says after joining Gillingham FC
  • OFFICIAL: Gillingham FC announce signing of English-born Ghanaian midfielder Cameron Antwi
  • GFA President Kurt Okraku hails U15 Girls Colts League as defining milestone for Women’s football development

You Might Also Like

ColumnsCreedNews

Ghana Government does not subsidize Hajj Pilgrims: Debunking the myth with facts

March 7, 2025
Columns

Full Speech: South African president’s address at first G20 Foreign Ministers’ meeting 2025

February 22, 2025
Columns

Ing. Abdullah Mohammed Billey: The Ghanaian road expert victimised for political reasons by the ousted Government

February 3, 2025
AfCFTAColumns

Ghana President Mahama’s speech at Africa Prosperity Dialogues 2025

February 2, 2025
  • Bereavement
  • Debt Management
  • Finance
  • Job Creation
  • Small Business
  • Climate
  • Education
  • Fashion
  • Health
  • Rights
  • Science
  • Sanitation
  • Mobilisation
  • Secondary Education
  • Celebrity News
  • Tertiary Education
  • Culture
  • Security
  • Corruption
  • Creed
  • Athletics
  • Basketball
  • Boxing
  • Formula 1
  • Rugby
  • Soccer
  • Tennis
  • Minning
  • Gaming
  • Technology
AfricaNews360AfricaNews360
Follow US

© 2024 - AfricaNews360 | All rights reserved.

  • About
  • Advertise with us
  • Contact

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Register Lost your password?