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Source: newsthemegh.com
Alban Sumana Kingsford Bagbin, the Speaker of Parliament, has criticized Ghana for requesting an International Monetary Fund bailout (IMF) for the 17th time.
Speaker Bagbin emphasized that no society in the world has ever advanced with the aid of the IMF while speaking at a public discussion in Ho as part of the 30th anniversary celebration of Ghana’s Parliament.
The speaker said: “The IMF has never supported any country or society to develop,” questioning the efficacy of Ghana’s approach in seeking repeated financial assistance from the international organisation.
Speaker Bagbin recommended a rethink to guarantee a more sustainable and successful path for development, highlighting the need for a shift in narrative and a reevaluation of the nation’s development strategy.