Senior Minister, Yaw Osafo-Marfo has said the government is resolved to ending the three-year extended credit facility with the International Monetary Fund (IMF).
The $918-million facility was extended by one year a few weeks after President Nana Akufo-Addo announced that his government was not going to extend the programme.
“We want to come out of the IMF programme quickest so we need to meet some levels of the Public Sector Reforms. The IMF needs not to tell us we need an efficient public sector, we need it because its government machinery to function. We know need it not for the satisfaction of the IMF but to our own satisfaction,” he said.
Mr Osafo-Maafo was speaking at the Stakeholders’ validation workshop on the draft National Public Sector Reform Strategy held at Golden Tulip Hotel in Accra.
His party, the New Patriotic Party (NPP) had criticised the deal while in opposition.
President John Mahama’s administration signed the deal with the Bretton Woods institution in a bid to restore debt sustainability and macroeconomic stability.
Osafo-Marfo stated at the event that the conditions including a National Public Sector Reform which necessitated the extension are very basic requirements that every country should enforce with or without the IMF recommendation.
Public Sector Reform
Mr Osafo-Maafo also bemoaned the slow pace of administrative service delivery which characterizes operations among public enterprises despite a large number of public servants employees.
According to Yaw Osafo-Maafo, the reform will serve as a manual to correct the shortfalls in the administrative service delivery by building effective and efficient government machinery.
“The Public Sector Reform will sanitize the physical work environment of public servants and make available the needed tools and resources to engender a world class service delivery performance,” He said.