Ghana in Focus Special: Why Ghana seeking financial assistance by the IMF is a bad idea

Send us Fan MailThis week's episode of Ghana in Focus is a special edition looking at the Government of Ghana's decision to seek financial assistance/ bailout from the notorious IMF.We explain why it is not the effects of COVID or the Russia/ Ukraine war that is responsible for Ghana's economic woes as other Afrikan countries in the sub region like Nigeria, Togo and Burkina Faso have NOT gone to the IMF for assistance.We analyse giving 4 indices that it  is the financial incompetence and mis-management of the Ghanaian economy by the current government that has led to it having to run cap in hand to the IMF.We then go into the history behind the setting up of the IMF and explain that the IMF actually makes matters worse  citing the punishing conditions that were imposed on Ghana when the country went to the IMF during the disastrous 1980's .History has shown that NO country built its economy to world class standards by accepting financial handouts by the IMF/World Bank. We end by stating that ONLY homegrown solutions will make Ghana truly economically independent -  in short RESET from the current colonial economic slavery or Ghana risks sinking into the oblivion of history!!To book your free pre consulting service on relocating to Ghana please email: [email protected] support local Ghanaian farmers via grow for me Ghana ---- https://www.growforme.com/enSupport the showDonate/Support the show:    https://www.buzzsprout.com/1793098/supportWe offer a consultation session for those who wish to relocate to Ghana , do business in Ghana , buy land, buying a property or even starting  business in Ghana.  We offer professional support tailored on your needs and wants. We provide valuable information that can assist you in your relocation like the Ghana card how/where to register your business.We can also signpost you to other agencies that can help in your relocation as well as business and investment opportunities.We charge a rate of US$30 for an hour's consultation or US$20 for a 30 minute consultation briefing. To book your consultation please email [email protected] on Youtube - just look for the Ghana/Afrika in Focus podcast on Youtube and click the notification bell so that every time I upload a new podcast it automatically comes to your feed. Tell your family and friends.