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The New Patriotic Party’s (NPP) member of parliament for Assin central, Hon Kennedy Agyapong has fired missiles at the Akuffo Addo’s government saying the party cannot break the “8” with the faces leading the nation to the international Monetary Fund (IMF) for a financial bailout. In a video sighted by dfslivenews, the loudmouth NPP MP expressed his anger at his party’s effort to seek a financial bailout from the International Monetary Fund, IMF.
According to the NPP lawmaker, “Somebody texted me that he shouldn’t say anything about IMF. Me I shouldn’t say anything about IMF? I will say it”. “Going to IMF is just like handing over power to NDC without a contest straight away because the noise we made and I chew my own words back when I said the NDC went to IMF because of mismanagement of the economy. So, if NPP is going to IMF, what am I going to say.” He continued “breaking the 8 is going to be tough, you cannot use the face of those who took us to IMF to break the 8, it won’t work. My message to you is simple, you can read my lips and I’m not scared of anybody in the party”, he said. The law maker said “i was very sad when I saw the publication that we were going to IMF”. President Akufo-Addo last week instructed the finance minister to engage the IMF for a financial support of the economy. Kennedy Agyapong’s comments adds up to millions of Ghanaians chastising the government over the U-turn it has made after explicitly saying the fundamentals were sound and the country didn’t need any IMF financial bailout. A political science professor at the University of Ghana, Prof. Ransford Gyampo has earlier on warned that the country will be “ungovernable” should the government accept an IMF conditionality to freeze wage increment. Prof. Gyampo wrote on his Facebook wall that he “will write his thoughts about this U-turn later. But I warn that Labor won’t tolerate any IMF conditionality that freezes wage increment next year. Government must keep its promise regardless else Ghana will be ungovernable”.
The Ghanaian economy under President Akufo-Addo has been bedeviled with gross mismanagement, corruption, rising petroleum prices, high cost of living, rising food prices and depreciation of the cedi.