Finance Minister Ken Ofori-Atta stated the authorities would no longer burden its human beings with a preference to strategy the IMF for a software all through the country’s financial turmoil.
As MPs completed discussing the Mid-Year price range assessment on July 27, the Minister instructed them he would assurance excellent IMF negotiations and no immoderate trouble for residents.
Haruna Iddrisu, Minority Leader, stated the price range gave little hope to Ghanaians at Monday’s Mid-Year evaluate debate.
Majority Leader Osei Kyei-Mensah-Bonsu disagreed. He blamed the financial scenario on the Electronic Transfer levy controversy (E-levy).
The E-passage Levy’s provoked fear, ranking organizations downgraded Ghana, and the authorities couldn’t borrow extra loans. Investors disinvested, inserting stress on overseas currencies. The Ghana cedi depreciated 15.8% in the first quarter, the Suame MP said.
He cited that the Russian and Ukraine war compounded the monetary difficulty in the country.