IMF Specifics Must Be Included In The Mid-Year Budget Review – Economist
Economics Lecturer at the University of Ghana, Dr Adu Owusu Sarkodie, has advised the government to use the mid-year budget review to send positive signals to the International Monetary Fund (IMF) and the financial community that it is willing to adopt measures to put the economy back on track.
In an interview with the media head of the mid-year budget presentation on Monday July 25, 2022, Dr Owusu Sarkodie said he expects the government to revise most of its revenue generation programmes without necessarily introducing new taxes put in measures to restore stability in the economy.
He said the government should also tell Ghanaians how the negotiations with the IMF have gone so far, and the kind of support the country needs from the IMF.
Dr. Owusu Sarkodie said Ghanaians should be made to pay for the roads they use.
He also called on the government to bring back the electronic road toll collection to rake in more revenue.