VIDEO: What Kwesi Pratt told Akufo-Addo after the IMF opinion | Policy



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The International Monetary Fund (IMF) has urged the government of the day to pay special attention to problems that could put the country in a situation that may require another rescue program from the Bretton Woods institution.

For Albert Touna Mama, IMF Resident Representative in Ghana, the high risk of over-indebtedness, the low mobilization of domestic revenues, off-budget transactions and the high level of fiscal risk in the energy sector are all problems that could detract from the gains made. stabilize the economy.

At a round table held last week, he said "that these were essential foundations that the government needed to restore, as they were the very reasons why Ghana was continuing to turn around "with the IMF to get a bailout.

A few months ago, particularly in May 2019, the IMF and the World Bank ranked Ghana among the countries at risk of debt distress, saying that the country's debt-to-GDP ratio, debt service ratio and debt ratio / exports exceeded the required limits; just a little shy of being plunged into an economic abyss.

The editor of Insight, Kwesi Pratt Jnr., Shares his thoughts on this topic at a roundtable on Peace FM & # 39; s morning show & # 39;Kokrokoo"Tuesday, said"asking the IMF for badistance is not an error in itself, but the type of conditionality that we accept under the IMF is the problem".

Below, a video of what he said to the government in power

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