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Andrew Egyapa Mercer, the Member of Parliament for Sekondi constituency has asked the Finance Minister, Ken Ofori Atta and his Ministry to take the advice from the International Monetary Fund (IMF) in good faith.

He said measures must be put in place to ensure that Ghana does not go for another bailout programme.

The Resident Representative of the International Monetary Fund (IMF) in Ghana, Dr Albert Touna Mama, has advised the government to pay critical attention to issues that can send the country back to a bailout programme with the fund.

He mentioned the high risk of debt distress, weak domestic revenue mobilization, off-budget transactions and a high level of fiscal risk from the energy sector as issues that could erode the gains in stabilizing the economy.

Reacting to this during a panel discussion on Peace FM's morning show 'Kokrokoo', Egyapa Mercer said, “I believe the Finance Ministry and other stakeholders will take this report in good faith. We should take it in good stride and ensure that we don’t cross the threshold which will lead to another IMF bailout."