Yaw Preko takes a bite on IMF’s advice to Ghana on reduction of cocoa price

Nana Yaw Preko Deputy director of communications writes.:

The IMF is advising Ghana govt to reduce the prices at which we buy cocoa beans from farmers. Govt says it doesn’t want to inconvenience farmers, so it won’t reduce the prices.

The difference is that because we are no longer under the IMF program, they can only advice us. They can’t compel us.

If we were still under the IMF program, we wouldn’t have been able to say no to them. Be very afraid of those who sold our sovereignty to the IMF.


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