IMF can't help Ghana grow - Akoto Osei

A former Minister of  Finance, Dr Anthony Akoto Osei, has said the International Monetary Fund, IMF cannot help Ghana grow.

According to him, it is not the job of the IMF to help member countries grow.

Speaking on Accra-based Joy FM Saturday, Dr Akoto Osei said when  a member country has a problem and needs a balance of payment support, what the IMF does is provide that country with guidelines that will bring some discipline, adding that it's through the IMF that donor countries make donations.

He said from a  historical perspective, no country had ever developed just by being a member of the IMF.

He said in other for the IMF to help a country grow, that country would have to follow certain rules and guidelines to warrant any funds from the organisation.

"It is the World Bank that is positioned to provide you soft resources to grow if you will use it well