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Provide details of IMF negotiations – Economist to Govt

Economics Lecturer at the University of Ghana, Dr Adu Owusu Sarkodie, has advised the government to use the mid-year budget review to send positive signals to the International Monetary Fund and the financial community that it is willing to adopt measures to put the economy back on track.

Republic Online by Republic Online
July 24, 2022
in Business, General, Local News, Top Stories
2022 budget should bring relief to Ghanaians – Gov’t told
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Economics Lecturer at the University of Ghana, Dr Adu Owusu Sarkodie, has advised the government to use the mid-year budget review to send positive signals to the International Monetary Fund and the financial community that it is willing to adopt measures to put the economy back on track.

He said the government should also tell Ghanaians how the negotiations with the IMF have gone so far, and the kind of support the country needs from the IMF.

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Mid-Year Budget Review must provide details of IMF negotiations - Economist
Dr Adu Owusu Sarkodie,

Speaking in an interview with GBC News ahead of the mid-year budget presentation on Monday, July 25, 2022, Dr Owusu Sarkodie said he expects the government to revise most of its revenue generation programmes without necessarily introducing new taxes as well as put in measures to restore stability in the economy.

Dr Owusu Sarkodie said Ghanaians should be made to pay for the roads they use. He, therefore, called on the government to bring back the electronic road toll collection to rake in more revenue.

Source: GBC
Tags: Dr Adu Owusu SarkodieFinance MinisterGovernmentIMFInternational Monetary Fund

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