IMF bailout: Let's cut Bawumia some slack – Dr. Assibey-Yeboah

Ghana goes to IMF

Ghana’s current situation not entirely Bawumia’s creation, Assibey-Yeboah

NDC government went to IMF because it lost its way, Bawumia

Former Chairman of Parliament’s Finance Committee, Dr. Mark Assibey-Yeboah, has suggested that Vice President Mahamudu Bawumia should not be blamed for Ghana going to the International Monetary Fund (IMF) for a bailout.

According to him, Ghana

Read full article.going to the IMF should not affect Bawumia’s credibility due to past comments he made because he was not aware that the COVID-19 pandemic and the Russia-Ukraine war will happen.

Speaking in a Citi TV interview monitored by GhanaWeb, the former New Patriotic Party Member of Parliament added that going to the IMF for a bailout is not necessarily a bad decision.

Asked whether the decision by the government to go to the IMF will affect Bawumia’s credibility, Assibey-Yebaoh said, “what has happened to his credibility.”

“… in our conversation, I told to you that going to the IMF is not a bad thing… some of these (global happenings) was not his creation. He didn’t anticipate the war; he didn’t know we were going to be hit with a pandemic. So, we have to cut him some slack,” he said.

The Vice President, Dr Mahamudu Bawumia, at an event in November 2020, stated that going to the IMF is a confirmation of bad governance and mismanaged economy.

"You remember that the NDC government had to go to the IMF to rescue the economy. That was indeed a rescue mission! It was clear that the Mahama-led NDC Government had lost its way, failed Ghanaians, and did not have any idea how to get us out of the ditch it had driven us into," Bawumia said.

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Watch Dr. Assibey-Yeboah’s interview on Citi TV below:





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