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IMF Bailout: Free SHS, NABCO, National Cathedral & other policies to be cancelled

IMF Bailout: Free SHS, NABCO, National Cathedral & other policies to be cancelled

The final decision of the Ghanaian government to request a bailout from the International Monetary Fund (IMF) may have an impact on important projects and policies.

The flagship initiatives may suffer as a result of the terms and circumstances that often accompany an IMF bailout, when the government is instructed to reduce spending and concentrate on increasing income.

The IMF bailout might prevent the government from expanding its use of the public sector, closing revenue gaps, and shrinking its administrative infrastructure.

During this time, the capital-intensive flagship projects and policies listed below may be suspended, canceled, or eliminated entirely:

It is thus quite likely that the Ghanaian government would restart collecting tolls by turning on the inactive toll booths all around the nation.

Regardless of Ghana’s growing debt load, the government would need to concentrate on raising money to pay off the debt that has been accumulated.

When Ghanaians already demand the immediate abolition of the Free SHS Policy and E-LEVY, how long will the IMF bailout last?

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