Policy Support

The International Monetary Fund (IMF) is at it again with one of its classical prescriptions for addressing challenges confronting economies of developing countries, to wit, the removal of subsidy from petroleum products by government.

This week a delegation of the IMF, which is on a visit to the country, called on President John Evans Atta Mills at the Castle, Osu and during the interaction that ensued, Christiana Daseking, the leader of the delegation, impressed upon the President that the 60 million Ghana cedis paid by government as subsidy on petroleum monthly was unsustainable, hence it should be removed.

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