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Ghana-IMF meeting

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Since July 2022, when the Government of Ghana decided to go to the International Monetary Fund (IMF) for assistance, many varied opinions have been expressed concerning this move with the Minority saying that they have been vindicated because the government should have indicated its intention far earlier than it did.

Since 2017, the Akufo-Addo Administration has been able to manage the country very well, ensuring that GDP growth for 2017, 2018 and 2019 were very impressive. Introduction of policies such as One District One Factory, Planting for Food and Job as well as many other programmes have all put the country on course towards rapid economic recovery. It was thought that this would be the general trend in the ensuing eight to 10 years for the country.

UNFAVOURABLE CONDITIONS

Unfortunately, this was not to be and the entire world was hit adversely by certain unfavourable economic conditions. These unfavourable conditions brought economic difficulties which made life unbearable for the country.

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The outbreak of the COVID-19 which affected Ghana and the rest of the world forced the world to spend huge sums of money to fight the pandemic. President Akufo-Addo made it clear that he would prefer to fight hard and save lives rather than lose these lives. To him, once lives are lost, they cannot be brought back, so it was better to use available resources to fight the pandemic.

Even if all resources are depleted while lives are saved, there would be an opportunity to fight for economic recovery and improve upon the lives of the people in order to bring the standard of living to a satisfactory level. This appears to be what is happening now and this is one reason the government has been forced to go to the IMF for assistance.

HIGH CRUDE OIL PRICES

Another reason Ghana has been forced to go to the IMF is the outbreak of the Russia-Ukraine war which has brought untold hardships to countries in the world. Crude oil prices rose far above 100 dollars per barrel and countries in the world, both developed and developing, had no choice but to pay for unbearable fuel prices.

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In Europe, Canada, America and elsewhere in the developed world, inflation rose very high and made economic life extremely difficult. The situation was even worse in developing countries whose incomes were generally low. In both developed and developing countries, this trend of unfavourable economic life has continued till today.

IMF BAILOUT

As a result, over 100 countries from various parts of the world had to go to the IMF for assistance.

This is the fundamental reason Ghana, like many other countries in Africa, had to turn round to the IMF for economic and financial bailout. Seen in this way, the reason for Ghana’s decision to deal with the IMF is not due to mismanagement of the economy. Rather, the unfavourable external economic conditions are the factors that have pushed the country from its economic growth to an area of unbearable pressure which has forced the government to go for IMF bailout.

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COMPREHENSIVE DSA

The Government of Ghana commenced discussions with the International Monetary Fund on Monday, September 26, 2022. According to the government, a comprehensive Debt Sustainability Analysis (DSA), which is a key requirement for securing an IMF-supported programme is currently ongoing.

This is a necessary requirement to ensure that Ghana’s debt is on a sustainable path. A release by the Ministry of Finance on September 26, 2022, said, “The Government of Ghana is putting together a comprehensive post-COVID-19 economic programme which will form the basis for the IMF negotiations.

The COVID-19 bailout programme has become necessary because Ghana was forced to deplete its entire resources in combating the disease. Having gone through this experience, it has become necessary for government to put down a programme to justify why the country needs a bailout from the IMF.

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WHAT IMF PROGRAMME SEEKS TO ESTABLISH

The programme seeks to establish a macro-fiscal path that ensures debt sustainability and macroeconomic stability underpinned by key structural reforms and social protection. The IMF mission that arrived in Ghana on September 26, 2022, is currently in talks with the Ministry of Finance and the Bank of Ghana.

If the IMF team leaves the country, negotiations will still continue between Ghana and the Fund until an agreement is reached. It is this agreement that will be implemented by the government of Ghana under the supervision of the Fund.  

The Debt Sustainability Analysis (DSA) is an IMF-supported programme which is anchored in the analysis of a country’s capacity to finance its policy objectives and service the ensuing debt without unduly large adjustments, which could otherwise compromise its stability.

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IMF FORMAL FRAMEWORK

To this end, the IMF has developed a formal framework for conducting public and external Debt Sustainability Analysis (DSA). This serves as a tool to better detect, prevent and resolve potential crises.

Here, the framework has been made operational since 2002. The objective of the framework is threefold. In the first place, it accesses the current debt situation. Here, it looks at its maturity structure, whether it is huge, small, bearable etc.

Secondly, the framework identifies vulnerabilities in the debt, that is, whether there are loose ends or other conditions that will result in repayment difficulties. This also helps to access the debt situation.

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Finally, the framework helps to examine cases where such difficulties can emerge to create problems in terms of the restructure of the debt and whether payment can be smooth or difficult. At the end of it all, the Fund would be able to know the position of the debt of a country.

FRAMEWORK IMF TO DETERMINE DSA

Ultimately, this framework would help the IMF to determine the Debt Sustainability Anslysis of a country and come up with solutions for the way forward. The Debt Sustainability Analysis (DSA) is not applied to all countries in the same way. The Fund examines each country on case by case basis.

What this means is that two countries may have similar situations but the IMF may apply different programmes to different countries, depending on available conditions and programmes and their justifications. When all these things have been done, the nature of the bailout programme would now be made available to the country concerned.

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As of now, no one knows the nature of the programme to be implemented by the IMF. Negotiations would have to be complete before the IMF programme and its conditionalities can be made available. Thus, members of the Minority and their cohorts cannot assume that they know what the outcome would be. If this is the case, then their exaggerations of the situation must stop since it would not serve the interest of anyone in the country.

Email address/whatsApp number of author:

Pradmat201@gmail.com (0553318911)

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A focus on the Apostolic Church in Finland

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Some members of the Apostolic Church in Finland

Today, I focus on the Apostolic Church International in Finland, as I continue with my description of institutions and personalities and their accomplishments as members of the Ghanaian Diaspora in Finland.

The Apostolic Church International, Finland (or, Apostolic International Association Ry) was established in October 9, 2023. The Church in Finland has seen significant strides and accomplishments within the short time that it has been established in Finland, which must be highlighted. 

History of the Church in Ghana

The Apostolic Church Ghana originated from the 1904–1905 Welsh revival, officially established in Ghana (then called Gold Coast) in 1935 following connections between a local prayer group in Asamankese (a town in southern Ghana), led by Peter Newman Anim, and the Apostolic Church, UK. There were historical splits in 1939 and 1953, but the Apostolic Church attained autonomy in 1985.

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Today, the Church is headquartered in Accra. Last year (2025), it dedicated its new 10-storey headquarters, “The Apostolic Church Tower,” in Frafraha, Adenta West in Accra. 

Activities of the Apostolic Church in Finland

The Apostolic Church in Finland conducts church service on Sundays. The service starts at 11a.m. in the morning and closes by 1 p.m. in the afternoon. There are no other activities during other days for now.

The Minister in charge of the church in Finland is also the Area Head of Italy Area. He is Pastor Daniel Kofi Addison who is the new Italy Area Head, and has just been transferred from UK South Area to Italy Area during the just-ended Council Meeting in March this year. Italy Area comprises Italy, which has 13 Assemblies, Germany, one Assembly, and Finland, one Assembly.  

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Elder Ebenezer Amoaning-Coffie is the Presiding Elder in charge of the Assembly in Finland. A Presiding Elder is responsible for day to day activities of the church (Assembly) and reports to the District Pastor, or in the absence of the District Pastor, reports to the Area Head.

Achievements

The Apostolic Church International, Finland was officially registered under the Finnish Law, guaranteeing freedom of worship and providing legal foundation for future growth. The church service is conducted in both English and Twi.

The church opens its doors to all people of every nation, especially Ghanaians who are in Finland and other African nationals. Now, the membership comprises Ghanaians, Nigerians and Sierra Leoneans.

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The Church and the Ghanaian migrant community in Finland

The Apostolic Church in Finland plays a prominent role as a religious group that serves Ghanaian migrants and others in the Finnish society.

Thus, the Apostolic Church is a religious body for Ghanaian migrants in Finland and other nationalities who want to worship with them for diversity and better intercultural and multicultural understanding.

Elder Amoaning-Coffie said that the main and primary aim of the church is to bring people closer to God. “We aim to win souls for Christ. We aim to preach the gospel to the world. By propagating the gospel to the people, we are hopeful that they will turn away from any ungodly ways and be good individuals in the community and in society in general”, he stated.

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He said that everything is going well so far. A key challenge, however, is how to get more members especially the youth. As a new Assembly, we are in need of instrumentalists, for example. We pray to God Almighty to help us do His work, the Elder disclosed.

Integration

By its activities, the Apostolic Church is helping to ensure integration of its members well into the Finish society. This is important since social interaction and citizens’ well-being are an important part of the integration process in Finland.

As I mentioned some time ago, the role of migrant associations and groups such as the Apostolic Church acting as bridge-builders for the integration and inclusion of migrants through participation in the decision making process and by acting as a representative voice is highly appreciated in Finland. Thank you!

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With Dr Perpetual Crentsil

perpetual.crentsil@yahoo.com

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Promoting our local dishes: The cultural cost of the ‘Continental’ diet

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The landscape of the Ghanaian palate is shifting, and not necessarily for the better. In our bustling urban centres, from the streets of Accra to the suburbs of Kumasi, a quiet culinary revolution is taking place; one where the mortar and pestle are being replaced by the pizza oven and the deep fryer. This transition from traditional staple foods like fufu, banku, akple, kenkey, tuo zaafi, and ampesi toward “continental” dishes is more than just a change in appetite; it is a reflection of a deeper social struggle with identity and prestige.

The illusion of modernity

For many, “stepping out” for a meal has become synonymous with consuming foreign cuisine. There is an unspoken social hierarchy where a bowl of Abunuabunu is relegated to the village category, while burgers, pizzas are branded as prestigious choices. We have reached a stage where we equate foreign with modern and local with primitive.

​This perception is a dangerous illusion. Our traditional dishes are marvels of culinary engineering complex, nutrient-dense, and deeply rooted in our history. When we choose a processed foreign import over a meal made from local tubers or fermented maize, we are not just changing our lunch; we are eroding the indigenous knowledge attached to our local ingredients and foods.

We need to turn the consumption of indigenous grains and tubers like millet, sorghum, and plantain into a statement of self-worth and national pride.

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The cultural and health erosion

Every time a local dish disappears from a restaurant menu to make room for foreign fast food, we lose a piece of our cultural fabric. Traditional Ghanaian cooking is an art that requires patience and skill. By choosing the convenience of foreign fast food, we are raising a generation that may know the taste of a pepperoni pizza but cannot identify the rich, earthy profile of Prekese or the subtle tang of well-fermented dough dishes like corn porridge, banku, etew, abolo, agidi or kamfa, and kenkey.

Furthermore, we are at the crossroads of a nutrition transition. Replacing high-fiber, indigenous crops with calorie-dense but nutrient-poor foreign fast foods is driving a rise in lifestyle diseases such as obesity, hypertension, diabetes, stroke, cancer, and liver disease. We are trading our longevity for 15-minutes convenience or unhealthy diet.

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A call for culinary patriotism

​It is time for us to appreciate, preserve, and promote our indigenous foods and culinary traditions. We need to be proud of our local dishes, ingredients and cooking methods, rather than relying heavily on foreign or imported foods. We must stop viewing our local delicacies as low-class and start treating our culinary heritage as the high-end gastronomy it truly is.

True sophistication does not come from imitating Western fast food; it comes from innovation and adding values to our own resources. We see glimpses of this potential in the rise of branded Sobolo and the creative use of gluten-free plantain flour in modern baking of flour-based dishes such as bread, cakes, biscuits and others. This is the path forward. We must elevate our local dishes, making them as accessible, affordable, presentable and trendy as any foreign alternative.

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To the hospitality industry: Innovate or stagnate

​Our hotels and high-end restaurants must lead the charge. They must stop relegating local dishes to the “traditional corner” of the buffet, and apply the same culinary finesse given to imported dishes to our Fante Fante, apapransa, aborbi tadi, fetritoto, akple, abolo, yakayeke, fufu, ampesi, kokonte, wasawasa, tubani, apapransa, mpotompoto, kelewele, aliha, brukutu, pito, and other local dishes. The industry must enhance customer experiences making eating local dishes the ultimate luxury experience for both tourists and residents alike. We must elevate the presentation of our foods by using modern plating techniques to show that a bowl of light soup can be as visually stunning as a French consommé. We need to reclaim our Ghanaian plate before it is too late.

To the policy makers: Let us encourage buying of local ingredients to promote the local food industry and economy. There should be educational programmes and talks about the nutritional and cultural benefits of local foods so that people understand their value.

We need to encourage serving traditional dishes at school programmes, parties, and celebrations instead of only fast foods,

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To the Youth: Let us value and appreciate our traditional dishes instead of always choosing foreign foods. There must be balance in our choice of local and foreign dishes. Confidence in our culture encourages others to respect it too. Our local dishes can also be promoted by sharing pictures, recipes, and videos on platforms such as Instagram, TikTok, and WhatsApp to make them attractive and trendy.

Young citizens must learn from their parents and elders how to prepare local meals to keep the knowledge and cultural relevance alive. Local dishes can be modernised to appeal to younger generations and tourists.

Conclusion

We cannot afford to trade our heritage for foreign cuisines which are gaining grounds across the country at an alarming rate. We must disabuse our minds of the perception that anything foreign or imported is better than those locally made. Our health, economy, and identity are tied to the soil. It is time to stop apologising for our local flavours and start celebrating them. It is possible to embrace modernity without losing ourselves and our cultural identity. Let us make the Ghanaian kitchen the heart of our modern identity once again.

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By: Marilyn Gadogbe

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