Wednesday 24 September 2014

Ghana is in the middle of nowhere – Mornah


The General Secretary of the People’s National Convention (PNC) has said government’s economic policies amongst others have left Ghana in the “middle of nowhere. Ghana is currently in talks with the International Monetary Fund (IMF) to help the nation surmount its socio-economic challenges. The nation together with other West African states have agreed to sign an Economic Partnership Agreement (EPA) with the European Union (EU) as a means of boosting trade and ensuring economic growth in the sub-region. The World Bank is also assisting Ghana to improve upon some sectors of the economy, especially education. Although some economists and sections of the general public have kicked against the EPA and IMF’s bailout stating that the two could lead to job cuts and a host of other undesirable effects on the people of Ghana, the government is proceeding with its plans. The PNC’s General Secretary alleged that the Mahama-led government is not telling citizens the truth in relation to the drastic reduction in donor funds to Ghana. He advised Ghanaians not to believe the President’s explanation that donor countries have cut back on funding to Ghana due to the nation’s attainment of a lower middle-income status.

Source: GW

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