Ghanaian economist Professor Stephen Adei has criticised above Admiral John Mahama's advertisement of his ambition to renegotiate the International Monetary Fund (IMF) accord if he's re-elected

Prof Adei bidding apropos that Mr Mahama's comments could attenuate advancing negotiations with alien creditors

In an account with Reuters, Mr Mahama declared that he intends to renegotiate the agreement of the IMF bailout and access bounded buying of approaching oil and mining projects if he wins the December election

Read also: Explainer: Can an IMF accord be renegotiated? However, Prof Adei accused Mr Mahama of pandering to accessible sentiments afterwards because the adverse furnishings such a accommodation could accept on accepted agreements with alien creditors and the broader bread-and-butter implications for the country

"During an acclamation year, politicians will say annihilation they anticipate will accomplish bodies like them… what he is adage is of little appliance because the IMF - the money they are giving us is actual little. The aspect of the IMF is that its position influences what the mutual and multilateral creditors will do. "So if there is any negotiation, it is not with the IMF. It is activity to the creditors - both mutual and multilateral - to accommodate the money," Prof Adei explained

He acclaimed that the IMF is not amenable for the accident in Ghana, stating, "The accident was acquired by the actuality that we accept actually become a broke country." According to Prof Adei, Mr Mahama should focus on acclamation the absolute debt crisis rather than renegotiating with the IMF

"When he becomes president, he will accede the debt crisis, and the band-aid is not renegotiating with the IMF," he added

The above Board Chairman of the Ghana Revenue Authority (GRA) additionally cautioned Mr Mahama adjoin jeopardising the deal, emphasising that if it is not signed, the country's problems would be compounded

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