FULL SPEECH: The IMF Bailout: Will The Anchor Hold?
A Visiting Professor of Economic Governance at the Central University College (CUC), Dr Mahamudu Bawumia, has said any economic and financial programme is only as good as the data used to formulate the programme.
He, therefore, argued that the anchor being sought from the IMF for Ghana’s economy would not hold if the data upon which the programme was built were not credible.
According to Dr Bawumia, who is also the running mate of the 2016 presidential candidate of the New Patriotic Party (NPP), there were inconsistencies with the two main sets of data on inflation and gross domestic product (GDP) which provided the basis on which the IMF programme was fashioned.
He was speaking on the topic: “The IMF bailout: Will the anchor hold?” at a public lecture organised by the CUC as part of its Distinguished Speaker Series.