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      R. Kelly sentenced to 30 years in jail for sex abuse

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      Manhunt for Egyptian judge accused of wife’s murder

      Manhunt for Egyptian judge accused of wife’s murder

      Morocco repels attack on city of Nador

      Morocco repels attack on city of Nador

      Fuel prices to hit GH¢7 per litre by close of year – IES predicts

      Prices of petrol, LPG to fall

      NDC’s Joshua Akamba spotted with weapon at Arise Ghana demo

      NDC’s Joshua Akamba spotted with weapon at Arise Ghana demo

      Man sentenced to 15 years for cocaine possession, it was powdered milk

      Ghana identified as transit country for drug trafficking, particularly cocaine – British diplomat

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      R. Kelly sentenced to 30 years in jail for sex abuse

      R. Kelly sentenced to 30 years in jail for sex abuse

      Memphis Depay chills with Nigerian musician Davido

      Memphis Depay chills with Nigerian musician Davido

      Shatta Wale granted bail

      Shatta Wale pleads guilty to publication of false news

      Netflix cracks down on password sharing

      Netflix cuts 300 more jobs after subscriptions fall

      I drank 14 bottles of ice kenkey after smoking ‘wee’ for the first time – Joe Frazier

      I drank 14 bottles of ice kenkey after smoking ‘wee’ for the first time – Joe Frazier

      Establish your own schools – Samini to Rastafarians

      How Samini celebrated after winning GIMPA SRC election

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      FIFA President congratulates Kotoko for winning GPL

      FIFA President congratulates Kotoko for winning GPL

      Top 5 most expensive player sales in Kotoko’s history

      Top 5 most expensive player sales in Kotoko’s history

      Memphis Depay chills with Nigerian musician Davido

      Memphis Depay chills with Nigerian musician Davido

      Fabio Gama to miss Super Clash – report

      Fabio Gama to leave Kotoko – report

      Kotoko players unhappy with 40% pay cut

      Kotoko to lose key players

      Kotoko in advance talks with WAFA for Konadu Yiadom

      Yiadom rejects Hearts deal, prefers Kotoko

      Former Black Stars player Abu Imoro ‘Tigana’ dead

      Former Black Stars player Abu Imoro ‘Tigana’ dead

      Hearts of Oak vs RTU was a fixed match – Albert Commey alleges

      Hearts of Oak vs RTU was a fixed match – Albert Commey alleges

      Herve Renard rejected an offer to coach Black Stars – Randy Abbey reveals

      Herve Renard rejected an offer to coach Black Stars – Randy Abbey reveals

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      COVID-19 cases among 0-15 years surge – GHS

      2022 AWCON: Senegal depart for Morocco in stylish African wear

      2022 AWCON: Senegal depart for Morocco in stylish African wear

      People in Pakistan urged to drink fewer cups of tea

      People in Pakistan urged to drink fewer cups of tea

      NPP man blames increased cost of kenkey on Russia-Ukraine war

      NPP man blames increased cost of kenkey on Russia-Ukraine war

      Two Ghanaian doctors save life of ‘dying’ French passenger on Brussels-Accra flight

      Two Ghanaian doctors save life of ‘dying’ French passenger on Brussels-Accra flight

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        Manhyia puts a ban on funerals in Asanteman

        Details of the symbol of authority of the Ashanti Region, the Asanteman flag

        The story of the Ghanaian professor emeritus who did not attend secondary school

        The story of the Ghanaian professor emeritus who did not attend secondary school

        The intriguing history of the ancient Egyptian bust that looks like Michael Jackson

        The intriguing history of the ancient Egyptian bust that looks like Michael Jackson

        Meet the African tribe that offers free sex to guests

        Meet the African tribe that offers free sex to guests

        Meet Kobena Sekyi, the educated elite who never wore European clothing

        Meet Kobena Sekyi, the educated elite who never wore European clothing

        This African tribe from Togo and Benin were experts in penis enlargement way before plastic surgery

        This African tribe from Togo and Benin were experts in penis enlargement way before plastic surgery

        Who is the real Yaa Asantewaa

        Who is the real Yaa Asantewaa

        How an Asante King led an army to defeat the British and behead a governor in 1824

        How an Asante King led an army to defeat the British and behead a governor in 1824

        How a Ghanaian slave became a respected philosopher in Germany

        How a Ghanaian slave became a respected philosopher in Germany

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      Going to IMF will not solve a lot of our problems – Analyst

      Going to IMF will benefit Ghana’s economy – EIU
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      The Chief Executive Officer of C_Nergy Ghana, Michael Cobblah, has stated that going to the International Monetary Fund is not the solution to Ghana’s economic challenges.

      Micheal Cobblah noted that where Ghana currently is, does not require an IMF program, instead homegrown solutions need to be adopted for the sustainability of the economy.

      He also noted that successive governments have not been able to sustain IMF’s solutions for the economy.

      Speaking on JoyBusiness, he said, “The problem in the past, going back to IMF, is the fact that you go to IMF you’re restricted in terms of your borrowing, you have policy credibility, I do not think that that is where we are today.

      “I remember when my good friend said when we wanted to go to IMF we came up with a policy, homegrown policy, homegrown solutions, I don’t think that the IMF came up with something quite different from what we were prescribing for ourselves except that we had thrown so much mud at the system that nobody believed what we were saying and nobody was hearing us internally.

      “Where we are today, I do not believe that investors are crying out loud and saying that we need to have policy credibility. If the investors want to see the hard facts, we need to carry the investors along to know what we are doing.”

      He wants government to cut down its spending and implement tough fiscal policies that will address the country’s debt challenges.

      “On the fiscal side are we really cutting down expenditure as we are expected to cut? And mind you in any situation, any governor’s headache is being able to balance growth and inflation, and we’re not in ordinary times.

      “I mean inflation is all over the place, the Covid situation, the Ukraine war, Russian war has brought with it difficulties across the world. Question is that how do we put in measures to ameliorate this for our citizenry to make the situation a bit bearable for our citizens? Can we cut down expenditure? Can we cut down some of the things that we are doing, the growth areas that we are looking at and make sure that people are a bit more comfortable?

      “Because this situation is a very dire situation, and as much as you’d run to the IMF, the IMF will come out with its restrictions in terms of borrowing, in terms of employment cuts, and it’s really not going to solve a lot of our problems. Question is can we look internally and be disciplined enough to cut out the areas that we are wasting and to be able to save enough to be able to give the investors the confidence that we have?” he said.

      Cobblah also believes that the revenue that the country may get from the IMF will not be enough to solve the country’s monetary challenges.

      “If we run to the IMF the maximum, we’re getting is about 400million dollars, half a million dollars, but the hole is much much bigger than that. And we need to demonstrate with hard figures, with cashflows showing that we can really come out of this by cutting own the expenditure that we say we’re going to cut and carrying out showing that the hard numbers in terms of what we really are doing substantially to turn the situation around. I personally don’t believe that the IMF is the solution.

      “Like Prof has said, we’ve run there 17 times and we’ve not been able to sustain what was expected of us, going there 18 times will not make any difference,” he said.

      source: Ghana Web

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