Mahama Welcomes Akufo-Addo's Decision to Go to IMF for Economic Support

• Former president John Dramani Mahama has backed President Akufo-Addo's decision to formally engage the International Monetary Fund (IMF)
• His comments follow Akufo-Addo's instruction to Finance Minister Ken Ofori-Atta to commence talks with the financial institution
• The former president urged the government to fashion out a comprehensive home-grown programme and present it to the Fund for support

Former president John Dramani Mahama has welcomed President Nana Akufo-Addo's decision to formally engage the International Monetary Fund (IMF) for financial support.

He said though the decision was taken late, it is an important step towards addressing the nation's dire economic gloom.

''I welcome President Akufo-Addo’s decision to formally engage the IMF with the view to entering into a programme under the Fund.

''Though belated, it should mark an important step towards addressing the dire economic situation, which has left Ghanaians wallowing under intense suffering and hardships,'' he said on Facebook.

Read also

Market women can manage Ghana’s economy better than Ofori-Atta – Dr Amoako Baah

The former president advised that beyond the announcement of engagement with the IMF, a comprehensive home-grown programme should be fashioned out and presented to the Fund for support.

''A team of skilled and competent negotiators must be put together to obtain the best set of measures with the Fund,'' he added.

Read the full message below:

Kennedy Agyapong Sad over Government's Move to IMF

Meanwhile, YEN.com.gh earlier reported that Assin Central legislator Kennedy Ohene Agyapong has expressed sadness over the government's decision to seek economic aid from the International Monetary Fund (IMF).

Speaking on the move, the outspoken MP said he was extremely unhappy when he learned the government will commence talks with the financial institution.

''I'm very sad today when I saw the publication that we are going to the IMF; that is what [former president] Mahama was praying for, he has gotten his wish,'' he said in a video.

Source: YEN.com.gh