The Spokesperson on Governance and Security for the government, Palgrave Boakye-Danquah, has given the assurance that the money received from the International Monetary Fund (IMF) will not be misused by any politician.
He said the funds will be used for their intended purposes and there will be regular evaluation of the programme.
“The IMF money will not be at the disposal of any politician in President Nana Akufo-Addo’s government for election purposes or to influence voters,” he said on Sunrise on 3FM on Thursday, May 18.
He emphasized that the programme is very strict.
Ghana got the approval of the IMF’s Executive Board on Wednesday, May 17 and the announcement was made on Thursday.
The press conference was attended by IMF Mission Chief for Ghana Stéphane Roudet, Finance Minister Ken Ofori-Atta and Bank of Ghana Governor Dr Ernest Kwamina Yedu Addison.
The country received $600 million out of the $3 billion it applied for in the first instalment.
Mr Boakye-Danquah, who wants to contest for the Abuakwa North seat on the ticket of the New Patriotic Party (NPP), said any misuse of the funds will have serious implications for the country.
He noted that the programme will be assessed every six months and therefore “it will affect everything if the government does not spend the money wisely”.
He expressed trust in President Nana Addo Dankwa Akufo-Addo’s leadership to deliver a strong economy to his successor on January 7, 2025.