IMF report validates NPP’s sound economic management

Member of Parliament (MP) for Akuapem North, Sammy Awuku, has credited Ghana’s 5.7% growth rate to what he describes as the solid foundation laid by the previous New Patriotic Party (NPP) administration.

His assertion follows the 4th review meeting between the International Monetary Fund (IMF) and the Ghanaian government.

In a written piece, Awuku accused the National Democratic Congress (NDC) of presenting flawed statistics concerning the country’s growth in the 2025 Budget Statement and Economic Policy presentation, as well as President John Dramani Mahama’s State of the Nation address, in a bid to antagonise the NPP administration.

“The aftermath of the 4th review meeting between the IMF and the government of Ghana has put to rest the false allegations by the NDC. The NDC claimed the economy was in tatters. They claimed the IMF programme had been breached, but the numbers are telling a different story and it is not one the NDC wants to hear,” Awuku wrote.

He attributes the Staff Level Agreement reached after the 4th review of the IMF program to the tough strategic decisions made during the Akufo-Addo-led administration.

“According to the IMF report, Ghana’s economy grew by 5.7% in 2024, far above the projected 4%. That’s not just recovery, that’s resilience. The mining and construction sectors surged, gold exports boomed, and remittances strengthened our external position. Today, our international reserves sit at a remarkable $8.9 billion, the highest in recent years.”

Awuku emphasised that the facts point to the NPP laying the groundwork for Ghana’s comeback.

“So while others spin tales of crisis and mismanagement, the facts keep pointing back to one truth: the NPP laid the groundwork for Ghana’s comeback and the NPP will surely come back better in 2028,” he added.