28.2 C
Accra
Saturday, September 14, 2024
NewsOfori-Atta determined 'to get us out of this crisis' - Akufo-Addo assures

Date:

Ofori-Atta determined ‘to get us out of this crisis’ – Akufo-Addo assures

President Nana Addo Dankwa Akufo-Addo has reiterated his support for under fire Finance Minister, Ken Ofori-Atta.

The president speaking on Friday (September 2) on Day 1 of his tour of the Central Region stressed that despite public discontent towards Ofori-Atta, he believed in his competencies.

According to the President, amid the calls for the Minister’s sacking, critics are failing to acknowledge the role Ofori-Atta played prior to the COVID-19 pandemic.

He also referenced the role the Minister played in helping Ghana exit an International Monetary Fund, IMF, programme that the government inherited when it came into office in 2017.

“This same Finance Minister who people are calling for his blood is the very man who took us very successfully out of the IMF programme and helped us produce the 7 percent rates of growth that we have before the COVID.

“I believe that he has the same determination to work us out of this crisis as he showed at the beginning of our government,” the president added.

On the subject of a reshuffle of his ministers, President Akufo-Addo reiterated that the buck stopped with him and so when the time was ripe, he will act accordingly.

“When I am satisfied or someone is doing his work well or not doing his work well, I will act on it. If I am satisfied that the output is still strong, I will know what to do,” he said.

President Akufo-Addo ordered Finance Minister, Ken Ofori-Atta via a July 1 statement present an economic rescue programme to the IMF.

A team from the Fund led by Carlo Sdralevich has since visited Ghana between July 6 13, meeting with relevant stakeholders.

Reports indicate that government is seeking US$3 billion from the fund to help stabilize the economy. Government has serially blamed the COVID-19 pandemic and the Russia-Ukraine war for the economic headaches.

Galloping inflation and a weak Cedi have piled pressure on government to act to avert an economic meltdown. Calls for Ofori-Atta to be axed have come usually from outside the party but also from notable personalities within the party.

 

Source: Ghanaweb

Will you vote in the 2024 general election?
Will you vote in the 2024 general election?

Latest stories

Non-performing loans ratio in banking sector increased to 24.2% in 2023 – BoG

The Bank of Ghana’s July 2024 Monetary Policy Report...

SEC establishes task force to crack down on fraudulent online investment schemes

The Securities and Exchange Commission (SEC) has announced the...

List of presidential aspirants who have filed nomination forms

The Electoral Commission (EC) officially opened its nomination process...

Marriage is not meant for everyone – Pastor

Marriage counselor Rev. Dr. Nanayaa Owusu-Prempeh has highlighted that...

Anomalies in voters register have been resolved – EC

Deputy Chairperson of the Electoral Commission (EC), Dr. Bossman...

Related stories

List of presidential aspirants who have filed nomination forms

The Electoral Commission (EC) officially opened its nomination process...

Anomalies in voters register have been resolved – EC

Deputy Chairperson of the Electoral Commission (EC), Dr. Bossman...

Deal with any of our officials who breaches your laws – China govt to Ghana

China’s government has asked Ghana to take legal action...

GHS85m spent on rehabilitating Essipong, Accra and Baba Yara Sports stadia – Ablakwa

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa,...

EC rejects PPP’s nomination forms over failing to meet deadline

The Electoral Commission (EC) of Ghana has rejected the...

Bawumia can’t join presidential debate if Mahama is not willing to – NPP tells IEA

The spokesperson for Dr. Bawumia’s 2024 campaign, Dennis Miracles...