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‘I’m not stingy’ — Ato Forson says previous government committed Ghana to IMF spending targets
Finance Minister Dr Cassiel Ato Forson has dismissed claims that he is overly cautious with government spending, insisting that the fiscal restraint guiding his decisions stems from commitments made under the previous administration's International Monetary Fund (IMF) programme."The NPP went into an IMF programme, signed an agreement with the IMF and borrowed $3 billion from them and committed us, this government, that we will do 1.
The comments come amid continuing debate over whether the government's cautious fiscal stance under the IMF-supported programme represents prudent economic management or imposes excessive austerity as Ghana works toward completing the programme.
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