Be truthful; Ghana is in turmoil as a result of Nana Addo’s bad policies – Mahama tells IMF MD

Former President John Dramani Mahama has said although it is a relief to hear Madam Kristalina Georgieva, the MD for the International Monetary Fund (IMF) reaffirm the commitment of the IMF to support Ghana in these perilous times, the fact remains that Ghana is in a mess due to the “bad policies” of the Akufo-Addo-led government, which have contributed massively to the dire state of affairs.

Mr Mahama’s comment is in direct response to Ms Georgieva’s statement that Ghana’s current economic woes are not a result of bad policies of the Akufo-Addo government.

Speaking on the sidelines of the IMF’s engagement with the Ghanaian delegation in Rotterdam, Netherlands, on Monday, 5 September 2022, Kristalina Georgieva stated: “We have started very constructive discussions already and, to the people of Ghana, like everybody on this planet, you have been hurt by exogenous shocks”.

“Firstly, the pandemic, then Russia’s war in Ukraine. We need to realise that it is not because of bad policies in the country but because of this combination of shocks, and, therefore, we have to support Ghana”, she explained.

She also indicated that Ghana is “a strong country with fantastic people”, and, as a member of the IMF, it was incumbent on the Fund to lend the country support in times of crisis.

But Mr Mahama disagrees with the Managing Director of the IMF.

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