Audio By Carbonatix
President Akufo-Addo has asked for more time for the embattled Finance Minister Ken Ofori-Atta to conclude negotiations with the International Monetary Fund (IMF) before any talks of resignation.
Documents available to JoyNews suggest a deal could be reached with the IMF in three weeks for a $3 billion balance of payment support.
This, the President believes, could be disrupted if Ken Ofori-Atta is sacked or forced to resign.
This was an outcome of a meeting held by President Akufo-Addo and NPP Members of Parliament over the demand for the finance minister to be sacked over his handling of the economy.
Some NPP MPs say several efforts to have government address the plights of their constituents with regard to the ailing economy had proved futile.
They thus held a press conference on Tuesday, October 2022, to voice their disquiet and demanded the head of Ken Ofori-Atta and the Minister of State at the Ministry of Finance, Charles Adu Boahen.
Andy Kwame Appiah-Kubi, the Member of Parliament for the Asante-Akim North Constituency and spokesperson for the disgruntled Majority MPs group, told the media on Tuesday that sacking Ofori-Atta and Mr Adu Boahen will help restore confidence in Ghana’s economy.
“The recent development within the economy is of major concern to our caucus and our constituents. We have made our grave concern known to our president through the parliamentary leadership and the leadership of the party without any positive response,” he said.
“We are by this medium communicating our strong desire that the president changes the Minister of Finance and the Minister of State at the Finance Ministry without further delay in order to restore hope to the financial sector and reverse the downward trend in the growth of the economy,” he added.
But the meeting last night could not resolve the issue as the MPs left unhappy.
It is unclear whether they will carry through their threat to boycott government business.
Meanwhile, President Akufo-Addo is continuing his engagements with interest groups on the state of the economy.
He is expected to meet the Forex Bureau Operators, Trades Union Congress, Ghana Employers Association, Market Women, the Ghana Journalist Association, and others.
Latest Stories
-
Monetise Idiocy In Ghana
3 minutes -
The Ghanaian prophet and the mysterious death of his scottish wife Charmain Speirs
48 minutes -
Nearly 400 sentenced in Nigeria for links to militant Islamists
1 hour -
Ghana’s recovery supported by gold strength despite global oil price pressures – Standard Bank Research
1 hour -
‘Excellence is our inheritance’ – Nana Sam Brew-Butler hails Mfantsipim’s 150-year reign in leadership
2 hours -
Kwaku Azar writes: A-G vs OSP
2 hours -
Mfantsipim–Adisadel rivalry built excellence, not division – Sam Jonah
2 hours -
Vice President launches Mfantsipim’s 150 years of shaping Ghana’s greatest mind
3 hours -
I assure Otumfuo, Mahama will join him to commission KNUST Teaching Hospital by end of this year – Haruna Iddrisu
3 hours -
Barcelona dominate derby to extend La Liga lead
3 hours -
Gov’t to roll out free special education for persons with disabilities from July 1 – Education Minister
4 hours -
Importers and Exporters Association declares full support for Publican AI port system
4 hours -
“We used it to test our officiating officials’ readiness” – Bawah Fuseini after CAA Athletics event
4 hours -
Volleyball emerges as Ghana’s fastest rising sport
4 hours -
National Sports Fund needs strong leadership from the top – Administrator David Wuaku
4 hours