IMF Bailout: What Ghanaians are saying on social media

Ghana has received a significant financial boost as the International Monetary Fund (IMF) approved a $3 billion bailout to help revive the country's struggling economy. The approval came unanimously during a meeting held on May 17, 2023, by the IMF's Executive Board in Washington.

The three-year program aims to provide crucial support to Ghana's economy, which has been facing various challenges in recent times. The financial assistance comes as much-needed relief to mitigate the adverse effects of the economic downturn and implement reforms to ensure sustainable growth.

Upon hearing the news, some Ghanaians have taken to social media to share their perspectives on the IMF's support.

A Twitter user posted a skeptical comment, stating, "The IMF money, they start dey chop already." His comment reflects the concern that the funds might not be utilized properly or might benefit only a select few.

Another tweet expressed criticism, highlighting the apparent contradiction in celebrating an IMF deal after previously criticizing such agreements both in opposition and while in government.

The tweet read, "You're today celebrating an IMF deal? What didn't you guys say about an IMF deal then, in opposition and in government? You guys have no shame, enimguasi akwaaba."

Read some of the tweets below:

The IMF money them start dey chop already. ???????????????????? pic.twitter.com/ocaeO1PD3s

— ANYAKO BOY???? (@teri_devon) May 16, 2023

You're today celebrating an IMF deal?

What didn't you guys say about an IMF deal then in opposition and in government.

You guys have no shame, enimguasi akwaaba https://t.co/0w5Z5sy20K pic.twitter.com/Dqe69t65Sy

— Yaw Eduful (@yaw_eduful_) May 17, 2023

Teachers are suffering, teacher trainees are suffering, nurses are suffering, Nursing trainees are suffering saith Bawumia but he is using IMF money to buy cars for campaign pic.twitter.com/cSyasovI2a

— John Mahama Is The Solution❤️???????? (@Royal1Kingly) May 17, 2023

That liar and super incompetent Bawumia will just use the IMF Loan Facilities approved now for campaign. He is a thief. We sold a honest John Mahama to buy these useless bunch of corrupt hyenas. Lord have mercy on Ghanaians especially the tribalistic ones. Nana Addo is finished pic.twitter.com/SlDabf9hGB

— Genuine???????????? (@Janicegenuine) May 17, 2023

IMF release the $600m give Ghana norr Bawumia and the NPP have lunched new hilux ????????

They are more concern about the next elections than to focus on how to revive the economy ???? pic.twitter.com/XB0JMExZaw

— Uncle Paa Kwesi (@papakwesi_jr) May 17, 2023

The current government of Ghana, that chastised the previous government for running to the IMF for fiscal support, has gone there too and finally secured board approval for a deal. But because the former is all about PR, it’s about to package its deal as different and better.

— Alfred (@CallmeAlfredo) May 17, 2023

Today, Akufo Addo and Ken Ofori Atta want Ghanaians to praise them for reaching an agreement with the IMF.

They are not even ashamed. pic.twitter.com/J69yN9b2Hl

— Gh Kobbi (@_AshaimanBoy) May 18, 2023

Every single NPP member celebrating this IMF deal should bow his/her head in shame

You guys demonised the IMF because JM (NDC) was in power

Today you are trumpeting same IMF deal under NADAA as an achievement?

Shameless people! pic.twitter.com/ggDVhtyPjl

— Ampem Darko ???????????????? (@YDL_99ideas) May 18, 2023

This IMF deal really pained some CSOs, NDC and some journos paa. Whew! ???????????? pic.twitter.com/oIcnzTne7c

— Bilchini Sahabela???????? (@sahabela) May 17, 2023

Breaking News:

The Ministry of Finance wishes to inform the general public that there'll be a Gɔbɛ Party to celebrate IMF Board approval of $3 Billion for Ghana.

The ad for the party is attached here. Please, watch! pic.twitter.com/p2kvpDHZa8

— General Marcus! (@marcusadampah) May 17, 2023

The political party that spoke about NDC for taking Ghana to IMF is happy today after receiving $3bn bailout from this same IMF. Shame!!! pic.twitter.com/8kopXDlBtJ

— ????????god Amongst Men (@officiallordy) May 17, 2023