Government Spokesperson on Governance and Security Palgrave Boakye-Danquah has assured that the funds from the International Monetary Fund (IMF) will not be at the disposal of any politician.
He said the monies will be appropriated in its usage as there will be biannual assessment of the programme.
“The IMF money will not be used by any politician in the government of President Nana Akufo-Addo either for election or the influence of electioneering,” he told host Johnnie Hughes on Sunrise on 3FM on Thursday, May 18.
“It is a very strict programme,” Mr Boakye-Danquah stressed.
Ghana secured the approval of the Executive Board of the Fund on Wednesday, May 17 with an announcement made on Thursday.
IMF Mission Chief for Ghana Stéphane Roudet was joined by Minister of Finance Ken Ofori-Atta and Central Bank Governor Dr Ernest Kwamina Yedu Addison for the official announcement at a presser.
The country is getting $600 million out a total of $3 billion applied for in the first tranche of disbursement.
Mr Boakye-Danquah, who has made intentions known to vie for the Abuakwa North New Patriotic Party (NPP) seat, said a misuse of the funds will have dire consequences for the country.
“This IMF programme is going to reviewed every six months,” he observed, therefore, “it will change everything if government does not use the money prudently”.
He expressed confidence in the leadership of President Nana Addo Dankwa Akufo-Addo to live up to the billing by handing over a robust economy to the next government on January 7, 2025.
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