June 13, 2024
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Government never provided IMF with wrong figures ~ Habib Iddrisu

Second Deputy Majority Chief Whip, Habib Iddrisu, has dismissed claims that the government provided inaccurate macroeconomic figures to the International Monetary Fund (IMF).

The Tolon MP argued that the IMF with such credibility and credentials could not have accepted just any macroeconomic figures from the Finance Ministry.

Habib Iddrisu was reacting to allegations on Newsfile by Former Deputy Finance Minister, Mona Quartey that the Economic Management provided incorrect macro-economic numbers to the IMF.

The former Deputy Finance Minister, while contributing to discussions on the same programme, said “there has to be a change of the economic management team. This team is no longer credible. This is a team that has lied, not only to the people of Ghana outside your party, but they’ve also lied to you [Akufo-Addo]. And the IMF has found them out. The numbers they gave; the macro-economic numbers they gave were not correct”.

But the Tolon MP said such allegations are not true.

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“We need to respect the institution IMF, especially since due diligence is done by them. They are a credible organization, they will not just sit down and say that the government of Ghana is giving them wrong information and they just take information like that.

“It is never true that government has provided them with wrong information,” he said on Newsfile, Saturday.

The lawmaker rather believes that the negotiations with the IMF are moving at a faster pace for the country to secure a programme.

He indicated that the government will, before November 15, conclude negotiations with the Fund and include the programme in the 2023 budget.

“The IMF has trust and confidence in this government and the President for that matter…At the end of the day, the 2023 budget will be presented and I am very convinced from where I sit, that the negotiations of IMF will be concluded by then and will be incorporated in the budget,” he added.

This, he said would happen because of the “credible people at the Finance Ministry”.

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