Gabby Asare Otchere-Darko, a leading member of the governing New Patriotic Party (NPP) has disclosed tone of the main reasons the government is seeking support from the International Monetary Fund (IMF).
He said the homegrown solutions proposed by the Akufo-Addo government was frustrated by the opposition National Democratic Congress (NDC).
Speaking on Newsfile in Accra, Mr. Otchere-Darko said the NDC is partly to blame for the current predicament the government finds itself in.
“Governments made their policies based on the e-levy because they expected it to raise the revenue”, he said.
“In terms of managing the economy, there were challenges but government was handling it well. Government saw the challenges and went to Parliament to set up policies but it was frustrated in parliament.”
“It’s unfortunate that we were forced to the IMF but I am not too pessimistic about it”, he added.
The government’s decision to seek a bailout from the IMF has triggered a lot of conversations on the competence of the economic management team.
In a speech to members of the NPP, maverick MP for Assin Central, Kennedy Agyapong said it will be difficult for the NPP to retain power in 2024.
“It is just like handing over power to NDC without a contest, straight away.”