{"id":51709,"date":"2014-09-28T11:39:27","date_gmt":"2014-09-28T11:39:27","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=51709"},"modified":"2014-09-28T11:39:51","modified_gmt":"2014-09-28T11:39:51","slug":"imf-bailout-may-be-too-late-political-scientist","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/","title":{"rendered":"IMF bailout may be too late &#8211; Political Scientist"},"content":{"rendered":"<p>A Political Scientist says the financial bailout from the International Monetary Fund may have come \u00a0\u201ctoo late\u201d to salvage the country\u2019s ailing economy.<\/p>\n<p>According to Dr. Richard Amoako Baah, the \u00a0Head of the Political Science Department at the Kwame Nkrumah University of Science and Technology (KNUST), the country\u2019s economic problems had spun out of the government\u2019s control.<\/p>\n<p>\u201cRight now it\u2019s out of our hands, there\u2019s not much we can do. But I don\u2019t think the politicians realize that. It\u2019s not a matter of talking or a matter of wiling.\u201d<\/p>\n<p>Dr. Amoako Baah told <b>Citi News<\/b> \u00a0that the country needed \u201coutside help\u201d but added that even the IMF bailout might not be enough to turn the country\u2019s economic fortunes around.<\/p>\n<p>\u201cWe\u2019ve done too much damage to it [the economy] already. We need outside help. The president\u00a0 has finally agreed to go to the IMF. But maybe he did it too late and t\u2019s getting worse.\u201d<\/p>\n<p>[contextly_sidebar id=&#8221;yk3BJLItvUuI1TiuERynGDQvNyJPtzB4&#8243;]\u00a0Ghana began talks with the IMF in September over a bailout process to support its economy ,which President John Mahama has <strong><a href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/09\/23\/imf-bailout-process-begins-in-january-mahama\/\" target=\"_blank\"><span style=\"color: #666699;\">revealed would begin in January<\/span><\/a>.<\/strong><\/p>\n<p>The country\u2019s economy has struggled in 2014 with the <a href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/06\/13\/cedi-depreciates-18-8-four-months-after-introduction-of-new-fx-rules\/\" target=\"_blank\"><strong><span style=\"color: #666699;\">cedi depreciating against major foreign currencies<\/span><\/strong><\/a><\/p>\n<p>The national currency has however in the last few weeks achieved some level of stability against the dollar with\u00a0<a href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/08\/03\/imf-bailout-will-stabilise-cedi-finance-minister\/\" target=\"_blank\"><span style=\"color: #666699;\"><strong>the Finance Minister, Seth Terkper expecting more improvement<\/strong> <\/span><\/a>once the IMF process kicks in.<\/p>\n<p>&nbsp;<\/p>\n<p>By: Edwin Kwakofi\/citifmonline.com\/Ghana<\/p>\n<p>&nbsp;<\/p>\n<p><b>\u00a0<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Political Scientist says the financial bailout from the International Monetary Fund may have come \u00a0\u201ctoo late\u201d to salvage the country\u2019s ailing economy. According to Dr. Richard Amoako Baah, the \u00a0Head of the Political Science Department at the Kwame Nkrumah University of Science and Technology (KNUST), the country\u2019s economic problems had spun out of the [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":51710,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[38,4],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF bailout may be too late - Political Scientist - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF bailout may be too late - Political Scientist - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"A Political Scientist says the financial bailout from the International Monetary Fund may have come \u00a0\u201ctoo late\u201d to salvage the country\u2019s ailing economy. According to Dr. Richard Amoako Baah, the \u00a0Head of the Political Science Department at the Kwame Nkrumah University of Science and Technology (KNUST), the country\u2019s economic problems had spun out of the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citi97.3\" \/>\n<meta property=\"article:published_time\" content=\"2014-09-28T11:39:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-09-28T11:39:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/09\/24348483.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"350\" \/>\n\t<meta property=\"og:image:height\" content=\"338\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"wp-needuser\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@citi973\" \/>\n<meta name=\"twitter:site\" content=\"@citi973\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"wp-needuser\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/\",\"url\":\"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/\",\"name\":\"IMF bailout may be too late - Political Scientist - Citi 97.3 FM - Relevant Radio. Always\",\"isPartOf\":{\"@id\":\"https:\/\/citifmonline.com\/#website\"},\"datePublished\":\"2014-09-28T11:39:27+00:00\",\"dateModified\":\"2014-09-28T11:39:51+00:00\",\"author\":{\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/082ce6f21d23820875eabfffabe66278\"},\"breadcrumb\":{\"@id\":\"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/citifmonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"IMF bailout may be too late &#8211; Political Scientist\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/citifmonline.com\/#website\",\"url\":\"https:\/\/citifmonline.com\/\",\"name\":\"Citi 97.3 FM - Relevant Radio. Always\",\"description\":\"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/citifmonline.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/082ce6f21d23820875eabfffabe66278\",\"name\":\"wp-needuser\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/9ca736ce957cdd49525b860ab3ccffa3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/9ca736ce957cdd49525b860ab3ccffa3?s=96&d=mm&r=g\",\"caption\":\"wp-needuser\"},\"sameAs\":[\"http:\/\/wordpresss.com\"],\"url\":\"https:\/\/citifmonline.com\/author\/wpsupp-user\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IMF bailout may be too late - Political Scientist - Citi 97.3 FM - Relevant Radio. Always","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/","og_locale":"en_US","og_type":"article","og_title":"IMF bailout may be too late - Political Scientist - Citi 97.3 FM - Relevant Radio. Always","og_description":"A Political Scientist says the financial bailout from the International Monetary Fund may have come \u00a0\u201ctoo late\u201d to salvage the country\u2019s ailing economy. According to Dr. Richard Amoako Baah, the \u00a0Head of the Political Science Department at the Kwame Nkrumah University of Science and Technology (KNUST), the country\u2019s economic problems had spun out of the [&hellip;]","og_url":"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/","og_site_name":"Citi 97.3 FM - Relevant Radio. Always","article_publisher":"https:\/\/www.facebook.com\/citi97.3","article_published_time":"2014-09-28T11:39:27+00:00","article_modified_time":"2014-09-28T11:39:51+00:00","og_image":[{"width":350,"height":338,"url":"https:\/\/citifmonline.com\/wp-content\/uploads\/2014\/09\/24348483.jpg","type":"image\/jpeg"}],"author":"wp-needuser","twitter_card":"summary_large_image","twitter_creator":"@citi973","twitter_site":"@citi973","twitter_misc":{"Written by":"wp-needuser","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/","url":"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/","name":"IMF bailout may be too late - Political Scientist - Citi 97.3 FM - Relevant Radio. Always","isPartOf":{"@id":"https:\/\/citifmonline.com\/#website"},"datePublished":"2014-09-28T11:39:27+00:00","dateModified":"2014-09-28T11:39:51+00:00","author":{"@id":"https:\/\/citifmonline.com\/#\/schema\/person\/082ce6f21d23820875eabfffabe66278"},"breadcrumb":{"@id":"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/citifmonline.com\/2014\/09\/imf-bailout-may-be-too-late-political-scientist\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/citifmonline.com\/"},{"@type":"ListItem","position":2,"name":"IMF bailout may be too late &#8211; Political Scientist"}]},{"@type":"WebSite","@id":"https:\/\/citifmonline.com\/#website","url":"https:\/\/citifmonline.com\/","name":"Citi 97.3 FM - Relevant Radio. Always","description":"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/citifmonline.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/082ce6f21d23820875eabfffabe66278","name":"wp-needuser","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/9ca736ce957cdd49525b860ab3ccffa3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9ca736ce957cdd49525b860ab3ccffa3?s=96&d=mm&r=g","caption":"wp-needuser"},"sameAs":["http:\/\/wordpresss.com"],"url":"https:\/\/citifmonline.com\/author\/wpsupp-user\/"}]}},"_links":{"self":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/51709"}],"collection":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/comments?post=51709"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/51709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media\/51710"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media?parent=51709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/categories?post=51709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/tags?post=51709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}