Chairman of the National Economic Forum, Dr. Ishmael Yamson
The Chairman of the National Economic Forum, Dr. Ishmael Yamson, has expressed concern over poor economic mismanagement in the country and its growing reliance on the International Monetary Fund (IMF).
In an interview on TV3’s Hot Issues on Monday, March 10, 2025, he asserted that Ghana does not need external financial aid to run its affairs.
Dr. Yamson attributed the country’s persistent dependence on foreign aid to political mismanagement of its economic resources.
“It is the 17th time we have gone to the Fund in our 68 years of independence. That is my worry. And I pray that we don’t go for an 18th time. We will only avoid it if we reset this country, reset our mindset, begin to think about Ghana, and put Ghana first in everything we do,” he noted.
He continued, “Ghanaians living abroad sent $6 billion to Ghana in 2024 in remittances. So why do we have to borrow? What did we do with their money, the money from Ghanaians in the diaspora? If we can stop the mismanagement and corruption, Ghana doesn’t need anybody’s money to run this country and improve the lives of its people.”
JKB/MA
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