A renowned Economist, Mr. Joe Abbey has stated that Ghana deserved the International Monetary Fund�s �A� ranking on the nation�s economic performance.
At a meeting between Ghana�s President John Atta Mills and the IMF President, Christine Lagarde in the United States of America, the IMF Boss praised Ghana for the significant economic progress recorded in the last three years.
Speaking to Citi News, Mr. Joe Abbey attributed the �A� score to Ghana being a signatory to the IMF�S stabilization programme.
�As a matter of fact this is something that has been waiting to happen; many Ghanaians may not be aware of the fact even though we have lived it that over the last three years from about the middle of 2009 as soon the present government assumed the reigns of governance, Ghana had to sign on a stabilization programme with the IMF.�
�There is a big relevance of what is happening now and the origin of the stabilization programme was because of the excesses of the previous election year of 2008; so the IMF assessment is based on the fact that Ghana has been with them on a stabilization programme which started in 2009,� he admitted,
Source: Citifmonline.com
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