Ghana Doesn’t Need Foreign Assistance from the IMF, says Frank Adu (CAL Bank)

“We do not need foreign assistance of that kind to develop the country,” maintains Frank Brako Adu Jnr, Managing Director of CAL Bank.

It leads to a dependency syndrome.

“I think that we must stop looking to the IMF and to all of these knee jerk, short term reactionary approaches to solving our problems in our development. We have caused the problems ourselves. We must understand what the problems are, how we caused them and we must take a long term view to solving these problems,” he adds.