Joseph Cudjoe, Minister of Public Enterprises
The Minister of Public Enterprises, Joseph Cudjoe, has assured Ghanaians that the Akuffo-Addo-led NPP government will successfully manage the economy out of any International Monetary Fund (IMF) programme it may subscribe to.
He said the NPP government had always taken the country out of IMF programmes, urging the citizenry not to panic over government’s decision to temporarily go to IMF for financial bailout.
He gave the assurance during the re-launch of Takoradi Technical University (TTU) branch of TESCON Ladies over the weekend.
Mr Cudjoe, who is also the Member of Parliament for Effia Constituency, in the Western Region, indicated that although the Akufo-Addo administration is soliciting financial support from the IMF, the NPP has a track record of being dependable in times of crisis.
“The government always had its way in moments of difficulties. The NPP government will soon bring Ghana out the IMF. The country has since independence gone to IMF sixteen times, with NPP always bringing her out,” he reiterated.
According to him, he was part of the seven-member Economic Management Team which made the IMF recommendation to the President after critical examination of the Ghanaian economy.
Economic crisis
He said payment of huge debts incurred by the erstwhile incompetent NDC administration, and numerous ongoing infrastructural developments across the country had drained the national coffers.
Mr Cudjoe further stated the unexpected COVID-19 pandemic and the Russian-Ukraine war had left the country in dire economic condition to the already bleeding Ghanaian economy.
“That is why there is the need for swift relief from IMF. Ghana is one of the 190 countries of IMF with money in her name, and that there is nothing wrong if she accesses that money to cushion her economy in this challenging times,” he stressed.
Similarly, the Western Regional Minister, Kwabena Okyere Darko-Mensah, said the NPP government has a plan ‘B’ to take the country out of IMF. Notwithstanding the turmoil, he was confident that the NPP would also break the eight years’ governance cycle in the country.
“Regardless of the noise being made by NDC on the IMF issue, NPP will still break the ‘8’. I call on all Ghanaians to ignore the opposition party’s propaganda. Let’s support the government,” he urged.
The launch saw in attendance the Tarkwa-Nsuem MP and Deputy Minister of Lands and Natural Resources, George Mireku-Duker; the Western Regional NPP Secretary, Okatakyie Amankwaa Afrifa; NPP Regional Organiser, Amoabeng Acheampong; and the Regional Youth Organiser, Benedict Addae, who swore executives of the reconstituted TTU TESCON Ladies into office.
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