A Senior Research Fellow at the Legon Centre for International Affairs and Diplomacy (LECIAD), Professor Vladimir Antwi-Danso, has asked the government to prudently use the International Monetary Fund (IMF) package to address the country's economic challenges.
According to him, Ghana's decision to run to the IMF
for economic bailout was as a result of bad economic policies and excessive government expenditure, a situation he
said could repeat itself if measures were not put in place to address them.
Speaking at a public lecture in Accra on Wednesday, Prof Antwi-Danso
said, "until the government cuts down on the imprudent areas, especially excessive spending and also put in place measures to deal with corruption, the IMF interventions will not resurrect the country's economy."
According to Prof Antwi-Danso
, government policies, for the past years, had failed to yield any positive results on the economy, particularly on the lives of the ordinary Ghanaian.
"Unfortunately in Ghana, government policies are made by small executives in a room and forced on the throat of the larger community," he
observed that although the government had opted for the three-year IMF programme to address the economic challenges, there was more to be done if Ghana's economy was to swing back.
" The government must start to deal with internal administrative problems and remove any barrier that poses a threat to the development of the economy," he
Touching on some of the exceptional leadership skills exhibited by Dr Limann, Prof Antwi-Danso said the former president did well to lead an "all-inclusive government where he allowed institutions to work without interfering in their affairs."
blamed the media partly for the current state of the country's governance, saying that "the media have deviated from their core mandate and are now doing the bidding of governments."