Going to IMF raises endemic issue of ways of creating wealth internally - Kofi Amoah | 3NEWS.com

“Every so often, we go back to the IMF, that means that there is an endemic issue of the way we think of ourselves, the way we organise ourselves to create wealth and to create jobs for our people,” Dr Amoah told TV3’s Paa Kwesi Asare on the Business Focus programme on Monday August 8.

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There is no quick fix, the only thing that is available to us and to any other country is that you organise yourselves properly for your people to be productively engaged.

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On the decision to go the Bretton Woods institution,  assured the people of Ghana that his administration would negotiate a good deal with the Fund..

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He said a deal that will ensure they the economy is developed more than it it is today will negotiated for.

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“We will negotiate a good deal, a deal that will allow us to build a strong economy that we had before,” he said at the delegates conference of the New Patriotic Party (NPP)at the Accra Sports Stadium on Saturday July 6.

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The team arrived in the country on July 6 to assess the current economic situation and discuss the broad lines of the government’s Enhanced Domestic Programme that could be supported by an IMF lending arrangement.

“IMF staff will continue to monitor the economic and social situation closely and engage in the coming weeks with the authorities on the formulation of their Enhanced Domestic Program that could be supported by an IMF arrangement and with broad stakeholders’ consultation