Ghana will no longer seek financial bailout from the International Monetary Fund (IMF), the Minister of Finance, Dr Cassiel Ato Forson, has declared. He recounted the severe economic crisis the country suffered in 2022, leading to seeking assistance from the IMF, with the attendant painful sacrifices, all arising from reckless spending, excessive borrowing and poor […]
Tag: Bail Out
‘Taxpayer cannot be a punching bag’ – Dr Ato Forson on BoG’s ¢53bn bailout request
Finance Minister Dr Cassiel Ato Forson has taken a firm stance against using taxpayer money to recapitalise the Bank of Ghana (BoG). This follows revelations that the central bank had signed a memorandum of understanding (MoU) with the previous administration to receive a ¢53 billion bailout. Speaking on Joy News’ PM Express on Tuesday, March 11, after […]


