President Nana Addo Dankwa Akufo-Addo has shot down suggestions for the government to resort to the International Monetary Fund (IMF) to revive Ghana’s ailing economy.
The President indicated that Ghana cannot constantly rely on foreign grants to salvage the economy.
“It will not be possible for Ghana to be forever dependent on foreign grants and foreign loans to keep our economy going. We have to find the money for our economic development and that is why it has become necessary for us to introduce these measures like this famous [electronic transaction] tax that has caused so many disputations,” he said during a meeting with some chiefs from the Dzodze Traditional Area in the Volta Region.
GhanaFeed.com