Joe Jackson
Massive shortages will occur if Ghana does not obtain an IMF agreement by May.
In Sub-Saharan Africa, only Zimbabwe (0.2 months), South Sudan (0.5 months), and Ethiopia (0.6 months) are anticipated to have lower import coverage than Ghana.
On Eyewitness News with Umaru Sanda Amadu, Joe Jackson commented on the situation and emphasized, "We will have no import cover at all by the end of the year.
Jackson urged the labor unions and other groups opposed to the Domestic Debt Exchange Program to support the administration in securing the arrangement.
"We must go to the negotiating table and take all necessary steps to reach an agreement; otherwise, we will experience severe foreign currency shortages.
This is a plea to the labor movement, pensioners, and all other interested parties to ensure that we reach an IMF agreement before the end of May.
The Director of Business Operations at Dalex Finance said that we must unite as a nation to address this problem.
In order to speak with some authority to the pensioners and other stakeholders and explain where we are and what has to be done to avoid disaster