Economist and University of Ghana professor Godfred Bokpin has raised concerns over Ghana's current posture under the International Monetary Fund (IMF) program, warning that the government's heavy focus on meeting short-term targets could spell long-term trouble for the economy.
In a critical take on the ongoing economic recovery efforts, Prof.
Bokpin pointed out that Ghana may be trading its future economic health for temporary relief, just to stay in line with IMF benchmarks. "So we are sacrificing our medium-to-long-term survivability or the brightness of our medium-to-long-term for short-term to meet IMF program conditionality.
So you smile to them, but just ahead there will be pain for you to have to deal with. "Those are the things that you need to look at," he warned.
