Deputy Finance Minister Thomas Ampem Nyarko says Ghana will thrive beyond the International Monetary Fund (IMF) programme, thanks to firm fiscal policies and disciplined economic management.
Speaking in an interview on Joy FM, Mr Nyarko reaffirmed the government’s commitment to managing the economy without further IMF dependence. He also backed President John Dramani Mahama’s newly announced eight economic pillars as a strong and adaptable policy framework.
“The eight pillars are flexible. We can expand them to include key national priorities like fighting corruption,” Mr Nyarko said. “The President has always shown his commitment to that cause.”
He explained that the President’s focus on Public Financial Management (PFM) sends a clear signal that the administration takes corruption seriously.
“PFM is all about transparency and accountability. It addresses corruption in a practical way,” he said. “While some may want every issue listed, what matters is that these pillars can evolve to reflect public concerns.”
Mr Nyarko also spoke about the progress Ghana has made under the IMF programme. He recalled how many doubted the government’s ability to meet the programme’s targets, especially after inheriting missed inflation and primary balance goals.
“There were doubts at the start. Major targets had been missed. But we stayed focused and committed to implementation,” he added.
He believes the government’s success under the IMF plan shows it has what it takes to move the economy forward independently.
