Ghana's Economic Woes Ghana is a highly indebted nation, and the IMF bailout is necessary due to reckless spending by the government. The debt will lead to increased tariffs on water, petrol, and electricity.
Criticism of Government Officials The current administration has been accused of bad decisions, corruption, nepotism and not keeping promises. Many Ghanaians believe that this is the worst government in their country's history.
IMF Bailout Conditions IMF conditions include downsizing or laying off workers as well as stopping subsidies which may affect doctors' salaries. The money from IMF won't create jobs but it can help stop Reckless spending by governments who have failed in managing finances properly leading them into receiving bailouts like Ghana currently does.