Mahama’s Reasons for going to IMF are NOT the same as Akufo-Addo’s Reasons for going to IMF: Razak Kojo Opoku Writes

According to the public records, John Mahama's administration in 2015 sought IMF bailout largely because of: 1. Fiscal Indiscipline 2. Domestic economic crisis as a result of severe power shortages(DUMSOR) 3. Restoration of Investor confidence. Between 2015 and 2016 when Ghana went to the IMF under John Mahama's administration, there was nothing like COVID-19 or the Russia-Ukraine War. Fact is Fact. Mahama's inability to deal with the domestic economic crisis despite massive borrowing amidst the DUMSOR sent Ghana to IMF. However, according to the International Monetary Fund (IMF), Akufo-Addo's Government is seeking IMF support largely because of the : 1.…