Member of Parliament for Tamale South, Haruna Iddrisu has advised Ghanaians to reduce their expectations of the President regarding the IMF deal.
He said the President has caused Ghanaians so much harm which will have a long-term effect on the country.
“Ghanaians should not have any huge expectations of President Nana Addo Dankwa and his promises on getting the economy on track, probably he himself doesn’t even appreciate the magnitude of the problem he has created.”
“He’s done irreparable damage to the Ghanaian economy, private enterprise to industry, and it will linger on for the next four to five years,” he said.
According to him, what the president said about some benefits Ghana will derive from the IMF deal including being able to access the International Capital Market is false.
“The President owe Ghanaians a certain truthfulness and he must speak with candour, it is not possible, under the programme signed by them, 2024, 2025, 2026, Ghana will not be able to access Eurobonds until 2027,” he said.
Mr Iddrisu indicated that ongoing projects are likely to suffer financing problems considering the current state of the economy, and he also projected that Ghana might go through another Debt Exchange Programme in 2027/2028.
Source:Mybryrfmonline.com