Finance

Comparative Analysis: NDC before IMF and NPP before IMF bailout

President Akufo-Addo (L) and Former president, John Dramani Mahama (R)

The Government of Ghana under the leadership of Nana Addo Dankwa Akufo-Addo has begun negotiations to get the International Monetary Fund to provide the country with support.

This comes months after experts called on government to take the bold step of seeking help to save the sinking ship.

Leading members of the opposition National Democratic Congress (NDC) have been talking after the announcement was made on Friday July 1, 2022.

Former President of Ghana and 2020 flagbearer of the New Patriotic Party (NPP) has welcomed the decision to go to the IMF and believes that it’s a step in the right direction.

He, however, believes that things would have been better if the government took the bold decision earlier.

The New Patriotic Party (NPP) has argued that John Dramani Mahama who was not bedeviled with any form of crisis had to resort to the IMF to fix the country’s economy and does not have the moral right to criticize the current government.

The current government says although it has transformed the economy, it was hit by a pandemic and a Russia, Ukraine war that has affected the economy.

See the full document compiled by MyNewsGh.com below:

Source: mynewsgh.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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