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‘Your finance minister has lost credibility, don’t engage him’ – Mahama to Akufo-Addo

Samuel Sackey by Samuel Sackey
July 4, 2022
in Top Story, News
Reading Time: 1 min read
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‘No public sector worker was laid off when COVID-19 struck’ – Ken Ofori Atta

Government commences payments on outstanding bonds

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President Nana Akufo-Addo has been advised by former President John Dramani Mahama not to ever include his Finance Minister as part of the negotiation team expected to engage the International Monetary Fund (IMF).

Mr Mahama believes Ken Ofori Atta, the finance minister, should be the last to be considered because of his abysmal performance as the lead in the government’s management of finance.

Ghana is expected to engage in discussion with the IMF in the coming weeks to address the financial crisis of the economy.

It comes on the back of President Akufo-Addo’s recent directive to Ken Ofori-Atta to begin talks with the IMF for a bailout.

Meanwhile, the IMF has said its doors are always opened and ready to support Ghana solve its economic challenges.

In a piece of advice to the President for a positive dialogue between the two parties, John Dramani Mahama stated that the finance minister has lost credibility and trust.

“It is imperative that a team of skilled and competent negotiators is put together to obtain the best set of measures with the Fund.

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“The Finance Minister who has supervised the disastrous collapse of the economy cannot and should not be part of the team of negotiators.

“He has lost credibility and the trust and confidence of stakeholders in our economy,” he said in a Facebook post.

Having talked of that, Mr. Mahama suggested the finance minister must be relieved of his duties and be replace by a competent hardworking person who can give hopes to the sector.

“President Akufo-Addo must take a bold decision to replace his finance minister immediately with a more assured and competent person who is willing and able to work tirelessly to turn our almost hopeless situation around.”

Tags: don't include himFinance MinisterIMFKen Ofori-AttaLost credibilityNegotiation team
Samuel Sackey

Samuel Sackey

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