President of IMANI Africa, Franklin Cudjoe has advised government to seek help from the International Monetary Fund (IMF) in the face of the country’s current economic challenges.
In a Facebook post on Monday, the political commentator lamented Ghana’s debt profile and called on government to take a second look at its expenditure.
In his statement, Mr. Cudjoe also urged government to consider seeking help from the IMF to contain the situation.
“We all fall on hard times and need some support from family and friends. .. but Government has driven the country into a debt iceberg and we are sinking with fewer life boats and passerby ships that should care are simply smiling and waving at us.. We need to stop the debt clock by rationalising our expenditure plans and more.. Meanwhile, government should talk to the IMF to help. We shouldn’t be shy at all’, Franklin Cudjoe wrote.
The comment by the policy expert, comes on the back of similar commentaries by some individuals about the current state of the economy.
Source: Mybrytnewsroom.com