Ghana must seek IMF bailout- IMANI-Ghana

Read Article

Comments (42)

This article is closed for comments.

Read Comments Comments (42)

Yaw Adu-Asare 9 years ago

Yabre Imani's noise making

Yabre Imani's noise making
Zoobie-Zoobie 9 years ago

knows everything but knows nothing

knows everything but knows nothing
MANTSE 9 years ago

The SOLUTION seems to be eluding everybody who matters in Govt or has the Veep or the President's ear.

Look, we cannot continue to BORROW ourselves into a future that will ONLY require more borrowing.

The DONOR countrie ...
read full comment

The SOLUTION seems to be eluding everybody who matters in Govt or has the Veep or the President's ear.

Look, we cannot continue to BORROW ourselves into a future that will ONLY require more borrowing.

The DONOR countries are IGNORING our PLEAS for help because we are yet to subscribe to the old adage that "CHARITY BEGINS AT HOME"

You see, when it is obvious we have done everything HUMANLY and EXIGENTLY possible then others can see the need to come to our aid.

When you look at the EFFECTIVE TAX rates of ALL the Revenue agencies you can ONLY come to one Conclusion, which is that the Collections are WAY OFF what they ought to be.

The three institutions comprising the GRA, namely, CEPS, IRS and VAT collect about 97% of the Nation's revenue.

So therefore, when they are off by more than 10% in some instances, clearly things need to be re-visited and Senior Management re-examined as to whether they fit the Modern Theory of Revenue Mobilization.

You see, Revenue Mobilization is an ART and a MOVING TARGET which must be followed up on a Regular basis, tailored to fit the times rather than this ONE SIZE FITS ALL Approach.

Le's get REAL COMPETENT PEOPLE TESTED and PROVEN in Revenue Administration to come to the rescue and we can very easily collect 500 Million Dollars or more annually.
4 Year Old 9 years ago

Frank Cudjoe wants attention with his inimical and ill-disposed economics which can create more indebtedness and further hardships.

Frank Cudjoe wants attention with his inimical and ill-disposed economics which can create more indebtedness and further hardships.
BlindMan 9 years ago

This, Imani guy's mission is soon coming to a STOP; Frank Cudjoe should be aware by now, that he PEAK too soon and nothing could save him, but be CRUSHED under his own load.
A KOOKOASE smartness; he's got a long way to climb ...
read full comment

This, Imani guy's mission is soon coming to a STOP; Frank Cudjoe should be aware by now, that he PEAK too soon and nothing could save him, but be CRUSHED under his own load.
A KOOKOASE smartness; he's got a long way to climb, before he realizes how 'dumb' he had been all along!
A DESPERATE individual, who can no longer tell the 'good' from the 'bad'!
FOFFIE 9 years ago

GHANA PROBLEM IS NOT ABOUT MONEY .....ITS LACK OF ADMINISTRATION .....BAD POLICIES ...

GHANA PROBLEM IS NOT ABOUT MONEY .....ITS LACK OF ADMINISTRATION .....BAD POLICIES ...
Tilapia 9 years ago

I agree with you but the bad administration is simply due to a lack of discipline. Thats all.

Discipline puts order and progress in all human endeavor

I agree with you but the bad administration is simply due to a lack of discipline. Thats all.

Discipline puts order and progress in all human endeavor
Pelicles 9 years ago

The IMF should close the door on any bail out issue or if possible, it should come with death measures a message telling our leaders that we should learn what cost measures mean.

We should govern with small but effective g ...
read full comment

The IMF should close the door on any bail out issue or if possible, it should come with death measures a message telling our leaders that we should learn what cost measures mean.

We should govern with small but effective government and stop that nonsense of "freebies" to government officials who are being paid.
Koo Nimo 9 years ago

Good advice, Franklin. Thanks for adding your voice to many Ghanaians calling for merging/downsizing of the bloated ministries/departments. will the President listen? has he got what it takes to make tough decisions? time wil ...
read full comment

Good advice, Franklin. Thanks for adding your voice to many Ghanaians calling for merging/downsizing of the bloated ministries/departments. will the President listen? has he got what it takes to make tough decisions? time will tell.
Baffour Agyemang 9 years ago

"All officials that would be retrenched from this exercise should be made agriculture extension officers and sent to every corner of this country to help till the land"

A good one there.

"All officials that would be retrenched from this exercise should be made agriculture extension officers and sent to every corner of this country to help till the land"

A good one there.
Kojo 9 years ago

I am starting to believe that IMANI are neo colonial agents being used by their slave masters in the west to achieve their aims in Ghana.
First they supported the evil EPA with the EU.
Now they say we should allow IMF to ...
read full comment

I am starting to believe that IMANI are neo colonial agents being used by their slave masters in the west to achieve their aims in Ghana.
First they supported the evil EPA with the EU.
Now they say we should allow IMF to run our economy.
The facts are simple, IMF will come with conditionalities which will further impoverish Ghanaians.
The IMF virtually run the economy of Ghana from 1984 to 2006.
The result was that all our natural resources have been handed over to multinational corporations from the West leading to further impoverishment of the citizens of Ghana especially the rural poor who
have lost their lands.
Shabi 9 years ago

Kojo, dont start to believe anything. You should know by now that those IMANI boys are actually and without any doubt, errand boys for the dirty work of neo-colonialism in Ghana.

With organizations like IMANI, who needs a ...
read full comment

Kojo, dont start to believe anything. You should know by now that those IMANI boys are actually and without any doubt, errand boys for the dirty work of neo-colonialism in Ghana.

With organizations like IMANI, who needs a white governor general to complete the neocolonial plot?
Kwesi Mensah 9 years ago

Most NGOs are foreign intelligence assets, doing what the well-known Intelligence agencies used to do. From Haiti to Ukraine, these are now the covert operations organizations. In Ukraine 5 billion US dollars were spent on th ...
read full comment

Most NGOs are foreign intelligence assets, doing what the well-known Intelligence agencies used to do. From Haiti to Ukraine, these are now the covert operations organizations. In Ukraine 5 billion US dollars were spent on the civil unrest and chaos plus the violence of Neo-Nazi groups that led to the overthrow of the elected old regime.
Osei Yao 9 years ago

THIS CIA AGENT MUST SHUT UP. IMF DOES NOT RESCUE ANYONE. THEY DICTATE POLICIES THAT THEY KNOW WILL NOT WORK TO SINK THE STANDARD OF LIVING OF 3RD WORLD PEOPLES. BESIDES, THERE IS NOTHING LEFT TO SELL AS PREVIOUS RESCUE WAS BA ...
read full comment

THIS CIA AGENT MUST SHUT UP. IMF DOES NOT RESCUE ANYONE. THEY DICTATE POLICIES THAT THEY KNOW WILL NOT WORK TO SINK THE STANDARD OF LIVING OF 3RD WORLD PEOPLES. BESIDES, THERE IS NOTHING LEFT TO SELL AS PREVIOUS RESCUE WAS BASED ON SELLING OFF STATE ASSETS
HE'S NOT AFRAID 9 years ago

GHANA MUST SEEK IMF BAILOUT-IMANI GHANA

GHANA MUST SEEK IMF BAILOUT-IMANI GHANA
bashings 9 years ago

why have they waited this long for things to get out of hands before suggesting this?

why have they waited this long for things to get out of hands before suggesting this?
Kojo K 9 years ago

From supporting EPA to IMF.
Ghanaians don't know who their real enemies are.
When we finally wake up,hopefully we won't be in chains being sold like he-goats on the world market.

From supporting EPA to IMF.
Ghanaians don't know who their real enemies are.
When we finally wake up,hopefully we won't be in chains being sold like he-goats on the world market.
Joe winneba 9 years ago

This should be a national policy for any government in power A very Good advise. Not even the ministers but also the parliamentarians
We shouldn't have more than 200.mps.
Truly this NDC,NPP will never help this nation

This should be a national policy for any government in power A very Good advise. Not even the ministers but also the parliamentarians
We shouldn't have more than 200.mps.
Truly this NDC,NPP will never help this nation
Shabi 9 years ago

Isnt there anybody in the public domain who can bring this Franklin Cudjoe clown to order? After more than 50 years of pain and suffering under the stark incompetence of the IMF/World Bank imperialist mafia gang, he still wan ...
read full comment

Isnt there anybody in the public domain who can bring this Franklin Cudjoe clown to order? After more than 50 years of pain and suffering under the stark incompetence of the IMF/World Bank imperialist mafia gang, he still wants us to go for more 'poverty enhancement' intrigues? Haba! Is he a masochist (a person who enjoys pain) or what?

Sometimes I just wonder if these IMANI boys are blind, plain stupid or just simply high on some substance or the other. Between Mahama and IMANI, I think I would rather go for Mahama any old day.

Where in the world over the past 50 years has the IMF or the World Bank established any long-lasting commendable and respectable results?

At this point in time when even the most conservative govts around the world are trying their damnedest best to distance themselves from those dishonest and unprincipled institutions, whose sum total accomplishments has been to lead vulnerable nation-clients astray into worse economic conditions, this nincompoop pops out of the woodwork to ask for more. What is wrong with him? He should be ashamed of himself.

The next thing you know, Franklin Cudjoe will be campaigning for the recognition of the 'inhuman' rights of homosexuals in Ghana. People who say things like what he is reported to have said, also think like that. Its in the family. Coming to think of it, he actually even looks like one (a homosexual) himself. What with all that bleaching of his face and body?
ampaw 9 years ago

this is the kind of people we need in government to solve some of our issues, its very painful that these smart guys doesnt have a place to direct our leaders,definitely they will not listen to this good advice from this guy ...
read full comment

this is the kind of people we need in government to solve some of our issues, its very painful that these smart guys doesnt have a place to direct our leaders,definitely they will not listen to this good advice from this guy because they consider it nonesense
ampaw 9 years ago

merging of ministries is a very good option if the government will consider so we can save more money to invest in other avenues,but for the imf bailout we must think again

merging of ministries is a very good option if the government will consider so we can save more money to invest in other avenues,but for the imf bailout we must think again
ASS HOLE FOLEY 9 years ago

IMF MONEY SO THAT FOOLS LIKE U CAN BUY MORE CARS AND HOUSES STUPID FOOLS ANY BODY CAN GO AND ASK FOR IMF MONEY ABOABI BA

IMF MONEY SO THAT FOOLS LIKE U CAN BUY MORE CARS AND HOUSES STUPID FOOLS ANY BODY CAN GO AND ASK FOR IMF MONEY ABOABI BA
Abeeku Mensah 9 years ago

Ghana is a nation that sought its independence some 50+ years ago claiming to be mature and ready to man its own ship. So while the people and supporters at IMANI and other clowns in Ghana have not seen anything in developed ...
read full comment

Ghana is a nation that sought its independence some 50+ years ago claiming to be mature and ready to man its own ship. So while the people and supporters at IMANI and other clowns in Ghana have not seen anything in developed civilized nations they can pass up on it is time they come to know and understand the lack of foresight, understanding and commitment in Ghanaians will stops us from ever getting anywhere. We chose to sell Ghana from underneath Nkrumah because he was a brutal dictator and imprisoned anarchists and saboteurs from Ghana’s so-called preferred tribes. Since then we have become a glorified nation of beggars with a few bloated egos of classroom educated clowns prancing around with their degrees and presumed intellect and wisdom even as they continue to sell off all mineral and natural resources to foreign owners. After messing up big time and showing all to see that there was never anyone in Ghana from those so-called preferred houses of deserving rulers and tribes with the wherewithal like Nkrumah, we have seen the classroom educated few fleeing like rats to enjoy the standards of living in countries where brains at work and the destiny of nations are driven by all the people in those respective nation. Now the same delusional troopers and their nuts at IMANI would love to see Ghana crawling on its knees with tin cups in hand to go begging IMF for salvation.

Which people control the inner workings of the IMF? Why should they know better than a nation of loud mouth obnoxious classroom educated yahoos who since birth have allowed tribal loyalties to flourish at the expense of progress in Ghana even as they convince their unintelligent followers they have what it takes to govern Ghana? The current picture of Ghana calls for strong men with ideas, ideals and wisdom like Nkrumah because anyone who thinks a multiparty system led by a bunch of greedy unprincipled classroom educated sellouts will do the trick lives on fantasy island. People in opposition in Ghana know of nothing to offer but oppose and people in power knows of nothing but to steal to enrich a few; that is what multiparty system brings to Ghana. Would a one party state with people voting for their preferred representatives not work? Will the representatives not have the power to elect a president or prime minster on consensus? How is the current multiparty system that has given unbridled power to the president any different from the power given Nkrumah in the CPP era? Do we not have more thieves now than in pre 1966? Do we not have more tribal strife and selective development projects in Ghana now than ever? Is this the best multiparty system the world has to offer Ghana or the best our so-called educated acquired during the years of classroom education and or work experiences in the Diaspora?
FreeSpirit 9 years ago

A good piece there Abeeku!!! A country of sychophants, thieving leadership and sellouts!!!

A good piece there Abeeku!!! A country of sychophants, thieving leadership and sellouts!!!
BOY KOFI 9 years ago

We must look at the fundamentals of our economy deeply.Ghana produces and exports more than Togo and Burkina Faso.So why is their money always stable and stronger than ours?I think these are some of the question we should be ...
read full comment

We must look at the fundamentals of our economy deeply.Ghana produces and exports more than Togo and Burkina Faso.So why is their money always stable and stronger than ours?I think these are some of the question we should be asking ourselves.Thank you.
GENERAL SAANI IDIAGBON 9 years ago

YOUR EXPLANATION TO THE COMPARATIVE STABILITY OF FRANCOPHONE CURRENCY IN TOGO AND B'FASSO LIES IN A NUMBER OF FACTORS.THE CITIZENS IN THESE COUNTRIES CANNOT AND DO NOT TALK THE SHIT YOU GUYS ARE BLESSED TO VOMIT OUT IN GHANA ...
read full comment

YOUR EXPLANATION TO THE COMPARATIVE STABILITY OF FRANCOPHONE CURRENCY IN TOGO AND B'FASSO LIES IN A NUMBER OF FACTORS.THE CITIZENS IN THESE COUNTRIES CANNOT AND DO NOT TALK THE SHIT YOU GUYS ARE BLESSED TO VOMIT OUT IN GHANA IN THE NAME OF FREEDOM OF SPEECH DAY ND NIGHT ON RADIOS.WE HAVE A LAND MASS WITH ONE OF THE HIGHEST POPULATION DENSITY IN AFRICA. MORE THAN 70% DEPENDENT ON THE REST OF THE 30%. HOW MANY FARMERS PAY TAX? HOW MANY TRADERS PAY TAX? YET THESE ARE THE MAJORITY OF THE WORKING MASSES. A GOOD NUMBER OF GHANAIANS DONOT WANT TO PAY TAXES. SECONDLY, WE HAVE ADOPTED VERY SERIOUS AND AMBITIOUS PROGRAMMES WHICH ARE NOT SUSTAINABLE. FREE MEDICARE, FREE SCHOOL FEEDING PROGRAMME,LAPTOPS, TEXT BOOKS AND EXERCISE BOOKS. UNDER GENDER AND CHILDREN THERE IS A GREAT DRAIN THERE. SOCIAL INTERVENTIONS AT THE TAX PAYERS EXPENSE. THIS WAS NOT SO. WE EXPECTED TOO MUCH FROM THE OIL YET EDUCATION ALONE CONSUMES ALL ITS PROCEEDS LEAVING LITTLE FOR ROADS AND INFRASTRUCTURE. TOO MANY AMBITIOUS PROJECTS AND PROGRAMMES ARE KILLING US. WE TRAIN NURSES,DOCTORS, TEACHERS AND TECHNOCRATS WHO MOVES OUT FREELY FOR GREENER PASTURES WITHOUT ANY CONTROL. GO TO TOGO,BENNIN, NIGERIA, CAMEROON, EAST CENTRAL AND SOUTH AFRICAN COUNTRIES HOLDS OUR MOST PRODUCTIVE TRAINED SKILLED STAFF IN SUBSTANTIAL NUMBERS. MOST OF THESE PROFESSIONAL DO NOT REPARTIAT ANY MONEY TO THE STATE BUT WERE TRAINED AT THE TAXPAYERS EXPENSE. STATISTICS SHOWS GHANA LOOSES AS MUCH AS OVER 29% OF HER SKILL TRAINERS PERSONNEL ON YEARLY BASIS TO OTHER COUNTRIES FOR NO DIRECT BENIFIT TO THE STATE. THE USA IS PERHAPS THE ONLY COUNTRY THAT DIRECTLY SUPPORTS GHANA BUDGET THROUGH LOANS THOUGH SHE CONSUMES AT LEAST 5000 SKILLED MIGRANTS ON YEARLY BASIS THROUGH DVLA ALONE.THE OTHER ISSUE DIRECTLY RESPONSIBLE FOR THE STABLE FRANCOPHOE CFA IS CONTROLLED TASTE OF ITS CITIZENS. HOMOGENUITY OF LUXURY ITEMS.GO ROUND GHANA AND SEE THE TYPES OF CARS ON THE STREETS AS COMPARED TO MOST OF THESE COUNTRIES MENTIONED.THE LATEST CAR PRODUCED IN GERMANY,JAPAN AND KOREA AND USA CAN BE FOUND IN GHANA. YET WE SAY WE ARE POOR. WE EAT DESIGNER RICE, WEAR DESIGNER SHOES,SUITS AND FURNITURE, INTERIOR DECO, WEDDING ITEMS ETC.THE SITUATION OF CURRENCY INSTABILITY HAS JUST BEGAN AND MAY CONTINUE TO LINGER ON UNTIL GHANAIANS LEARN TO BE HONEST AND STOP BEING ARROGANT..
Kwesi Mensah 9 years ago

Franklin Cudjoe is shameless. Having set up a so-called think-tank that produces nothing and depends on handouts from foreign sources, he is unable to think of Ghana solving its problems without willfully giving up its sovere ...
read full comment

Franklin Cudjoe is shameless. Having set up a so-called think-tank that produces nothing and depends on handouts from foreign sources, he is unable to think of Ghana solving its problems without willfully giving up its sovereignty and independence.

The slave of of foreign paymasters would like the nation to to beg for the same status. Thanks but no thanks. No Republic of NGOs for Ghana!
Better Cudjoe moves to Haiti.
Kojo T 9 years ago

Franklin is indeed a slave looking for a master.
From EPA to IMF bailout.

Franklin is indeed a slave looking for a master.
From EPA to IMF bailout.
SANK 9 years ago

This Imani is bogus think tank is running out of fraudulent finances that it used to get from "blood sucking" insensitive imperialist IMF and world Bank by bidding their bargain during the NPP era.
The Executive Director ...
read full comment

This Imani is bogus think tank is running out of fraudulent finances that it used to get from "blood sucking" insensitive imperialist IMF and world Bank by bidding their bargain during the NPP era.
The Executive Director is only wants to the let the master see that he seems to be working.
He should go away with his imperialism.
NUKOMEKO 9 years ago

NDC,YOU LISTEN TO THIS FOOL AT YOUR OWN PERIL!!!

NDC,YOU LISTEN TO THIS FOOL AT YOUR OWN PERIL!!!
Kofi 9 years ago

These suggestions make a lot of sense. I particularly like the suggestion that all the retrenched officials be made agric extension officers. But they will first need some training.

These suggestions make a lot of sense. I particularly like the suggestion that all the retrenched officials be made agric extension officers. But they will first need some training.
HAZOR 9 years ago

What shows that Ghana need IMF intervention?First of all Ghana did not export only Gold and Cocoa this is propaganda lies that IMANI is propagating to make a case of justification for Mahama to seek IMF bailout.For more infor ...
read full comment

What shows that Ghana need IMF intervention?First of all Ghana did not export only Gold and Cocoa this is propaganda lies that IMANI is propagating to make a case of justification for Mahama to seek IMF bailout.For more information Ghana also export Diamond,Manganese,Bauxite,oil,Timber and non traditional exports and various taxes and tariffs.Import and Export tariffs and tourism proceeds are not even part of it.IMANI was once a proponent against government decisions like $3 billion CBD loan,DIHOC,EPA and IMF bailout and once president Mahama has bribe IMANI they have change their tune and supporting everything evil about Mahama.IMF should not do anything stupid by thinking to bailout Ghana of GHC 50 billion this administration has borrowed in less than 6 years and has nothing to show for and use the money to pay for dubious judgement debts to party faithfuls,non existing capacity building,sanitary pads,buying cars for school girls.Should IMF bailout Ghana whose president came to power less than a year and has bag $990 million in this foreign accounts.If IMF is consider bailout of Ghana then they should first think of the workers welfare and share that $25 billion to its workers for saying you for good jobs works and bailout Ghana for it is sending a wrong message to political parties and governments.
Balderash 9 years ago

IMF? That will make our conditions worse. Are these fools getting paid to sell the IMF to us? Show us one country the IMF has saved before?

IMF? That will make our conditions worse. Are these fools getting paid to sell the IMF to us? Show us one country the IMF has saved before?
Ama D 9 years ago

Who pays this moron?

Who pays this moron?
PEKI TUMU 9 years ago

This is what has lately been said about the Egyptian economy which is in as much trouble as Ghana's

'We have lots of unused resources':said Ahmed Galal, former finance minister of Egypt

Ahmed Galal tells Ahram Online ...
read full comment

This is what has lately been said about the Egyptian economy which is in as much trouble as Ghana's

'We have lots of unused resources':said Ahmed Galal, former finance minister of Egypt

Ahmed Galal tells Ahram Online that changing mindsets and ways of thinking, through institutional and policy reform, can be just as effective in kickstarting economic growth as acquiring new finance
Stephen Appiah 9 years ago

I think the first action is to do away with all ghost names on all payrolls of all ministries. Secondly, dismiss all persons and groups involved and before this action, all money stolen be paid back to the government.

I think the first action is to do away with all ghost names on all payrolls of all ministries. Secondly, dismiss all persons and groups involved and before this action, all money stolen be paid back to the government.
Captain Canada 9 years ago

think tanks in the US. He's going his master bidding. Get the country more in debted to his masters.

think tanks in the US. He's going his master bidding. Get the country more in debted to his masters.
Annorwuo 9 years ago

"Good Faith"! Is this not the same person,who has been on the case of this administration for indulging in excessive borrowing? In fact,if my memory is correct, he or his 2nnd in command at at IMANI,Kofi Bentil has added his ...
read full comment

"Good Faith"! Is this not the same person,who has been on the case of this administration for indulging in excessive borrowing? In fact,if my memory is correct, he or his 2nnd in command at at IMANI,Kofi Bentil has added his voice to a cabal that has been vigorously canvassing the IMF not extend any financial help to this administration! So tell us what has caused you to change you position?
Has your outfit,perchance, been involved in putting together a bail-out package lately? We will find out,because you can`t keep your lips sealed!
Goodbye 9 years ago

Oh just shut up you all have been wrong in every article this year go to bed and read a book and stop writing rubbish

Oh just shut up you all have been wrong in every article this year go to bed and read a book and stop writing rubbish
SAQ 9 years ago

No, the current government strategy is the right one; it is time we solve our problems by increasing farm and industrial production; no short cuts please.
IMANI is dead wrong. President Mahama is right.

No, the current government strategy is the right one; it is time we solve our problems by increasing farm and industrial production; no short cuts please.
IMANI is dead wrong. President Mahama is right.
Whatever 9 years ago

Has the IMF ever revive a country on this earth before? More like asking Ghana to operated by an experimenting 1st year medical student

Has the IMF ever revive a country on this earth before? More like asking Ghana to operated by an experimenting 1st year medical student
FRANKIE 9 years ago

he who goes a borrowing goes a sorrowing.

he who goes a borrowing goes a sorrowing.

Ghana must seek IMF bailout- IMANI-Ghana

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (42)

Read Comments Comments (42)