Sylvester Mathew Tetteh, a representative for Bortianor-Ngleshie Amanfro in the House of Representatives, has warned against underestimating the harm the coronavirus pandemic and the ongoing Russia-Ukraine conflict have caused to the world economy.
On Tuesday, July 5, he made this statement while defending the government’s decision to request assistance from the International Monetary Fund (IMF) on TV3’s New Day program with Johnnie Hughes.
Mr Tetteh asserted that the National Democratic Congress (NDC), the main opposition party, has the right to make fun of the government for approaching the IMF while having previously stated that it wouldn’t.
However, as he pointed out, the globe is not in normal times, thus every nation is looking for ways to survive.
“For me, the back and forth about the IMF doesn’t solve the problems. I have said the NDC has the right to score political points with respect to our position when they went to IMF. For me, politically I give it all to them.
“Going to IMF is not a crime, we are a member of the IMF, I have said that on many occasions. So, for me, to the NDC, they have the bragging right to say that we said we are not going to the IMF and today you are in the IMF. On the surface of it, they have the right to brag with it .”
He added, “We are back to the IMF because we are not in normal times, nobody should downplay the effect of Covid 1-9 and then the Russia-Ukraine war.”
The Government on Friday, July 1 announced that it was seeking support from the IMF.
The Ministry of Finance has announced in a statement that the delegation from the IMF is scheduled to arrive in Accra, today Tuesday, July 5.
Source: Mybrytnewsroom.com/Joseph Asare
