Business News of Tuesday, 17 January 2017Source: citifmonline.comIMF program wasn’t approved by Parliament – Akoto OseiDr. Anthony Osei AkotoThe minister-nominee for Monitoring and Evaluation, Anthony Osei Akoto, has denied that Ghana’s loan agreement with the International Monetary Fund (IMF), was approved by parliament. “Even though the IMF programme was signed by government, it was never approved by parliament… It is an executive arrangement between the government and the IMF, but the people of Ghana did not approve of it,” he said. He noted that, it was in the interest of the IMF to ensure that its subsequent agreements received parliamentary approval. “We raised the issue and we threatened to go to court, we didn’t go but it is still an issue. “A programme that runs any period of time will certainly come up for renegotiation either from government or the IMF.

Source: GhanaWeb January 17, 2017 06:15 UTC