Member of Parliament for the Obuasi West Constituency, Kwaku Kwarteng, has confirmed reports that he declined a ministerial appointment offered by President Nana Akufo-Addo. The offer reportedly involved his appointment as the Minister for Finance, replacing his former boss, Ken Ofori-Atta.
Kwarteng, who previously served as a deputy finance minister in the first term of President Akufo-Addo, was among the initial list of appointees in the recent reshuffle announced on February 14, 2024. However, he opted to remain in his parliamentary role, citing a preference for supporting the government’s work from within the legislature.
In a statement issued on Friday, February 16, 2024, Kwarteng expressed gratitude for being considered for the ministerial role but highlighted his belief in the critical role of Parliament, particularly in matters related to finance and the economy. He emphasized his confidence in his ability to better support the government’s agenda from his position in Parliament.
“I am also thankful and humbled by the knowledge that our President found me worthy to serve in the Executive in the recent reshuffle,” Kwarteng stated. “I declined for the following reasons: The role of Parliament in the work of the Executive, especially in matters relating to finance and economy, is critical. It is my humble belief that I can better support the work of government from Parliament.”
Furthermore, Kwarteng expressed appreciation for President Akufo-Addo’s support and influence on his political career, pledging continued readiness to support the government’s vision in any capacity.
The decision by Kwarteng to decline the ministerial appointment comes amidst reports of a rift between him and the government following his removal from the role of deputy finance minister. However, Kwarteng’s commitment to serving his constituents and contributing to governance from his parliamentary position remains unwavering.
Kwarteng’s decision underscores the importance of parliamentary oversight and the integral role of legislators in shaping and scrutinizing government policies, particularly in critical sectors such as finance and the economy. As Ghana continues its journey towards sustainable development and good governance, the collaborative efforts of both the executive and legislative branches will be crucial in driving progress and delivering on the nation’s development agenda.