Ghana – Economy Showing Signs of Stabilization
Ghana – Economy Showing Signs of Stabilization
Despite a challenging global economic environment, Ghana’s reforms are bearing fruit, and the economy is showing signs of stabilization. Stéphane Roudet, IMF Mission Chief for Ghana, provides an update on the country’s IMF-supported program.
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IMF is a debt trap … new age slavery
The issue i have with these whole imf business is that even though Ghana has passed the right to information bill, details about the loan is never disclosed to the people who voted these leaders into power. I know part of the loan is paid back through taxing the population, giving out mining concessions and others. We the citizens get taxed subtly on almost every sector of the economy. inflation goes high, high cost of living, standard of citizens living becomes very poor. However, we keep on being told imf loan is our salvation.
Neo colonial institution. Enslaving countries with money made out of thin air
Stop with the nonsense. You only gave out this loan because you knew they’ll struggle to pay it back . Which will cause an increase in the interest . If you did your due diligence and realized how many loans this administration has taken and pretty much embezzled, you would not be willing to give them 600 million dollars . You know that money won’t go to the development of the nation . Unless you start having mandatory clauses in the contract of what the money should be used for . How does a country like ghana get into a position where their economy needs 600 million usd to stabilize ..just 600 millions usd ? For a country with all those resources and tourism
I have a big problem with IMF giving high interest rates to African countries..
Where by the African through loan's we are working for the Whites … 😊😅😊😅😊