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Review Ghana’s covid expenditure – Adongo tells IMF

Source The Ghana Report

Member of Parliament (MP) for Bolgatanga Central, Isaac Adongo, has asked the International Monetary Fund (IMF) to investigate government’s expenditure in the fight against covid-19.

“IMF, open your eyes there, expenditure regarding Covid-19, open your eyes, review all their documents, budget statements, they should open their eyes, that is where the meat is. IMF, If it is possible go and sit at Bank of Ghana and check how much they have given to the government,” the MP said.

His comment follows allegations of mismanagement of covid-19 funds leveled against the government.

Speaking to journalists in Parliament on Tuesday, July 12, 2022, the lawmaker urged the IMF team to visit the Bank of Ghana for more information regarding the expenditure of the covid-19 funds.

Background

The IMF staff team, led by Carlo Sdralevich, mission chief for Ghana, is in Ghana for initial discussions with Ghanaian authorities about a possible IMF-supported program.

Mr. Sdralevich in a statement said “On the basis of a request from the Ghanaian authorities, an IMF staff team will in the coming day kick-start discussions on a possible program to support Ghana’s homegrown economic policies. We are at an early stage in the process, given that detailed discussions are yet to take place.”

“The IMF stands ready to assist Ghana to restore macroeconomic stability, safeguard debt sustainability, promote inclusive and sustainable growth, and address the impact of the war in Ukraine and the lingering pandemic.”

“We are looking forward to our engagement with the authorities in Accra,” the Fund said.

The Government of Ghana on Friday, July 1 announced that it was seeking support from the IMF.

This followed a telephone conversation between the President and the IMF Managing Director, Miss Kristalina Georgieva, conveying Ghana’s decision to engage with the Fund, a statement by the Ministry of Information said.

 

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