The Finance Minister, Ken Ofori-Atta has been told to humble himself and seek for advice on the management of the economy since he has failed.
According to Bolgatanga Central Member of Parliament (MP), the country’s resort to a bailout from the International Monetary Fund (IMF) is not guarantee that he has failed as a Finance Minister and needs to throw in the towel.
“Ken Ofori-Atta should stop the arrogance and call for help. Everything about the economy going negative…,” he opined on Asempa FM’s Ekosii Sen monitored by GhanaNewsPage.Com.
Ghana is seeking as much as $1.5 billion from the International Monetary Fund to shore up its finances and win back access to the global capital markets.
The continent’s second-biggest cocoa and gold producer reversed a policy decision not to seek assistance from the multilateral lender as the outlook for world economy worsened.
The final loan amount will be decided after initial assessments, Finance Minister Ken Ofori-Atta said in a phone interview, hours before talks began with the IMF in the nation’s capital, Accra.