National Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, insists that Ghana’s economy was in tatters way before the emergence of COVID-19.
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva had earlier agreed that COVID-19 and the Russia-Ukraine war negatively affected the country’s economy.
But speaking on/Face to Face/on/Citi TV/with Umaru Sanda Amadu and Sammy Gyamfi, said the IMF Chief was being diplomatic with the truth on the true state of the Ghanaian economy.
According to him, the MD of IMF didn’t want to jeopardize the progress of the bailout the government is seeking to restructure its debt.
The NDC’s National Communications Officer reiterated that the economy was broken before the outbreak of COVID-19.
He added that IMF are like our doctors and we are the patients.
They will definitely not say something that actually reflects the reality, knowing that it can hamper the bailout and economic recovery program we are seeking from them.
They were being diplomatic.If you listen to what these external players are saying, you will be deceived.You need to examine things for yourself, before COVID-19 what was the state of the economy?
Mr. Gyamfi asserted that the COVID-19 pandemic cannot be used as a justification by the government for the woes of the
country slamming the government for spending money on wasteful ventures.
According to him, the local currency had depreciated by close to 13% against the dollar before COVID-19.
