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I will not resign over IMF U-turn – Ken Ofori-Atta


The Minister of Finance Ken Ofori-Atta has said he won’t leave over Ghana’s choice to go to the International Monetary Fund (IMF) for a bailout despite the fact that he was against it on a basic level.


On 1 July 2022, President Akufo-Addo approved Ofori-Atta to initiate formal commitment with the Fund. Following the declaration, there have been a few approaches the clergyman to stop.


In any case, addressing the media at the continuous New Patriotic Party (NPP) yearly public agents’ meeting in Accra on Saturday (16 July), Ofori-Atta said leaving isn’t the most ideal choice at this point.


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“I will not resign,” the finance minister said.


“It is almost like telling a father to resign from his children because he is changed his mind. There are times that decisions have to be made for the survival of a country and therefore if circumstances such as COVID or the Ukraine war occur which are not typical, it does change the environment, and sensible people will change their minds,” Ofori-Atta added.

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“The engagement with the IMF will seek to provide balance-of-payments support as part of a broader effort to quicken Ghana’s build-back in the face of challenges induced by the COVID-19 pandemic and, recently, the Russia-Ukraine crises,” an earlier government statement read.








Source: Otixpres.com

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