Politics

IMF review exposes NDC’s falsehoods on Ghana’s economy

Akuapem North MP Sammy Awuku, has credited Ghana’s economic rebound to the policies and groundwork laid by the previous New Patriotic Party (NPP) administration, following what he describes as a clear endorsement of the country’s progress by the International Monetary Fund (IMF).

Reacting to the IMF’s latest review, Awuku took aim at the opposition National Democratic Congress (NDC), accusing them of spreading misinformation.

“The aftermath of the 4th review meeting between the IMF and the government of Ghana has put to rest the false allegations by the NDC.

The NDC claimed the economy was in tatters. They claimed the IMF programme had been breached, but the numbers are telling a different story and it is not one the NDC wants to hear,” he said.

Highlighting key points from the IMF report, Awuku pointed to a 5.7% economic growth in 2024—well above the 4% target—as proof that Ghana is on the path to recovery.

“According to the IMF report, Ghana’s economy grew by 5.7% in 2024, far above the projected 4%. That’s not just recovery, that’s resilience.

The mining and construction sectors surged, gold exports boomed, and remittances strengthened our external position. Today, our international reserves sit at a remarkable $8.9 billion, the highest in recent years,” he stated.

Awuku said while critics continue to paint a picture of crisis, the data reveals otherwise.

“So while others spin tales of crisis and mismanagement, the facts keep pointing back to one truth: the NPP laid the groundwork for Ghana’s comeback and the NPP will surely come back better in 2028,” he added.

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