Steve Hanke, an American financial specialist and teacher of applied financial matters at the Johns Hopkins College, has depicted plans by President-elect John Dramani Mahama to reconsider the arrangement among Ghana and the Global Money related Asset (IMF) as a characteristic of inadequacy.
Following his triumph in the 2024 general decisions, Mr Mahama swore to survey Ghana's current concurrences with improvement accomplices to line up with the country's ongoing requirements and desires.
Talking during a graciousness call by the Unified Countries Inhabitant Facilitator, Charles Abani, Mr Mahama underlined the significance of making organizations that mirrored the real factors of today and the vision of his approaching government.
"This change is vital and will assist with putting the new government that would be initiated one year from now on a similar springboard with our improvement accomplices to start the revamping of the economy and the country," Mr Mahama expressed.
He added "Taking a gander at the current projects we want to change them to meet the real factors of today. I accept we have had conversations with the World Bank and the IMF as of now and we focus on an early commitment so we can keep on being on the frequency.
Steve Hanke, an American financial expert and teacher of applied financial matters at the Johns Hopkins College, has depicted plans by President-elect John Dramani Mahama to rework the arrangement among Ghana and the Global Money related Asset (IMF) as a sign of inadequacy.
Following his triumph in the 2024 general races, Mr Mahama swore to audit Ghana's current concurrences with advancement accomplices to line up with the country's ongoing requirements and yearnings.
Talking during a graciousness call by the Unified Countries Inhabitant Organizer, Charles Abani, Mr Mahama stressed the significance of making organizations that mirrored the real factors of today and the vision of his approaching government.
"This change is significant and will assist with putting the new government that would be introduced one year from now on a similar springboard with our improvement accomplices to start the modifying of the economy and the country," Mr Mahama expressed.
He added "Taking a gander at the current projects we want to change them to meet the real factors of today. I accept we have had conversations with the World Bank and the IMF as of now and we shift focus over to an early commitment so we can keep on being on the frequency.
"Obviously in the mission, a few commitments were made, we really want to take a gander at what the fact of the matter is as far as sitting together and seeing what the way forward is.
"Obviously one of our primary worries is the issue of the obligation reimbursements, we really want to perceive how we can smooth them so we don't default again which will be more disastrous than that presently defaulting."
Responding to this on his X page, Prof Steve Hanke said "GhanaWatch🇬ðŸ‡: President-elect Mahama needs to rework Ghana's IMF bargain for 'revolutionary changes' to smooth credit installments.
"Here we go again, More Ghanaian incompetence."
#GhanaWatch🇬ðŸ‡: President-elect Mahama wants to renegotiate Ghana’s IMF deal for “RADICAL CHANGES” to smooth loan payments.
— Steve Hanke (@steve_hanke) December 26, 2024
HERE WE GO AGAIN.
More Ghanaian INCOMPETENCE. pic.twitter.com/9Dx3UQudyV