Social media reacts after Akufo-Addo directs Finance Minister to engage IMF

On Friday, the Information Ministry announced that President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund.

The decision has taken many Ghanaians by surprise.

This is because before approaching IMF, the government, on numerous occasions, insisted that a bailout from the Fund is not in its plans to restore fiscal stability in the country.

We. Will not go to the IMF we have the resources 😄😄😄😄😄😄😄😄😄😄😄😄😂😂😂😂 what has changed now 😂😂😂😂🤣🤣🤣🤣 Addo D

— nii🐆💪✊ (@gh_nii_tilapia) July 1, 2022

In February, the Finance Minister, Ken Ofori-Atta noted that the repercussion of seeking an IMF bailout will not be favourable for the country’s fortunes.

“Consequences are dire, we are a proud nation, we have the resources, we have the capacity. We are not people of short-sight, but we have to move on.”

Government is finally going to the IMF for economic intervention after Finance Minister Ken Ofori Atta and Nana Addo’s mismanagement.

E-levy, like we have always maintained, was never going to be the remedy. Some common sense is finally prevailing. Exposed! pic.twitter.com/3ZirDUR3b4

— Mr. Ray 🇬🇭 (@TheEdemTamekloe) July 1, 2022

To this, the e-levy was introduced as a homegrown solution to raise money for the country.

However, Gabby Otchere-Dorko on Wednesday tweeted that the levy has failed to live up to the expectations of the government.

IMF we have come. Give us money to go and build cathedral so that we can pray for dollars to pay you back 🤣🤣🤣 https://t.co/YOre154yU4

— Carrie G (@CarrieGlynd) July 1, 2022

Many Ghanaians have been reacting to the news. Some people are not happy that the government “forced e-levy down the throats” of the public only to seek an IMF bailout.

Others are questioning why the government has changed its decision from no IMF support to an IMF bailout.

See the reactions below:

They sent Gabby to come and sweep the way and prepare us for this IMF something lmao why is our govt treating us like we Dey some therapy session.

— Tabs (@_Tabiri) July 1, 2022

@NAkufoAddo is the biggest mistake in our country’s history. His government has been the most useless and corrupt. His hypocrisy and incompetence has brought the country to its knees. Crooks in government #IMF pic.twitter.com/RaTt2C1Gkk

— Fix The Country (@fixthecountry_) July 1, 2022