IMF bailout: TUC to resist any conditionality that will affect Ghanaians

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The Trades Union Congress (TUC), in a statement has indicated that it will resist any conditionality that will compound the economic woes on Ghanaians as government seeks bailout from the IMF.

The warning from TUC comes on the back of the government’s decision to seek support from the IMF.

Media reports say officials from the Monetary Fund are expected in Ghana on Wednesday, July 6, 2022.

However, TUC in a statement signed by the Secretary General, Dr. Anthony Yaw Baah disclosed that “Ghana has done this seventeen times and the government has just announced the commencement of engagements for the eighteenth IMF-sponsored programme. One thing is very certain – the eighteenth IMF programme will not solve our problems.

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“Therefore, we should be prepared for the nineteenth, twentieth and more programmes in the next few years, even though it is so obvious that IMF programmes pay practically no attention to the removal of structural constraints to sustainable growth and development,” Mr. Baah stated.


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