The Member of Parliament for Dormaa East, Paul Apraku Twum Barimah has revealed that the statement by the president of the International Monetary Fund (IMF) Kristalina Georgieva and blaming the current economic conditions of Ghana on the Russia, Ukrain war and subsequent global economic destabilization clearly exonerates Vice President Dr. Muhamadu Bawumia, and his good economic policies and theories
The IMF President Kristalina Georgieva has emphasized that Ghana’s current economic challenges are not locally generated but from external shocks.
Kristalina Georgieva stated that, contrary to the narrative from some opposition elements that Ghana is not in these challenges because of any bad policies of the Akufo-Addo administration, the IMF boss stated that the factors are exogenous.
“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” she said.
She mentioned the extraneous factors which have contributed to Ghana’s economic woes, leading to the West African country seeking a programme from the IMF.
“First the pandemic, then Russia’s war in Ukraine. We need to realize 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 said.
She also indicated that Ghana is a member of the IMF, “a strong country with fantastic people”, and as such it is incumbent on the Fund to lend the country support.
Kristalina Georgieva also indicated “we have to support Ghana because your strength contributes to the strength of your neighbors; it contributes to a stronger world”
This was also corroborated by the President of the United States of America, who in a statement at the United Nations General Assembly blamed the Russia initiated war in Ukrain as the cause and threat to food security.
According to Paul Twum Barima, the statement from the IMF defeats the propaganda and the devilish agenda of the NDC tilted towards tarnishing the image of Dr. Mahamudu Bawumia with the claim that he has been behind the economic woes of the country.
“It is a fact that you cannot blame Dr. Bawumia for the current situation. In fact our current economic situation is far better than other countries in the sub region and on the continent. We are even lucky to have a good economic management team lead by the most able and indefatigable Vice President, Dr Mahamudu Bawumia that has kept our energy situation stable, financing free senior High School and paying Teacher and Nursing Training allowances and still employers graduates into the mainstream public sector”
Mr Twum Barimah therefore described Dr Bawumia as a strong economic pillar who has supported President Akufo Addo to efficiently and competently managed and brought confidence into Ghana’s economy and urged Ghanaians to rally being the NPP government to continue and deliver.
