Written by Edward Oppong Marfo
Former rector of the Ghana Institute of Management
and Public Administration, GIMPA Prof. Stephen Adei has stated that it is not
good for Ghana to continue the International Monetary Fund (IMF) programme.
According to him, it is very restrictive and does
not allow for innovative ideas that can transform the economy.
“ I personally think that it is not good for us
especially at this stage to continue the IMF programme because it is too
restrictive,” he said.
Speaking after a public lecture organized by the
KNUST chapter of the Graduate Students Association of Ghana, GRASAG KNUST as
part of their week celebration on Monday, he emphasized that the IMF should not
determine how the country is being run because they give the country 148
million dollars a year. ” To say that giving us 148 million a year, which is
peanut, you determine how our country is to be run, is not good”
He however stated that IMF policies are only better
when a country has bad leadership. He says bad leader s adopt the IMF policies
to cover up for their performance.
“When you have bad leaders such programmes are good
because at least it is the lesser of the two evils and when we have
developmental leadership, they need to be able to innovate and think out of the
box,” he explained.
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