Audio By Carbonatix
Member of Parliament for Atiwa East and former Deputy Finance Minister Abena Osei Asare has defended the record of former Finance Minister Ken Ofori-Atta, describing his stewardship of Ghana’s economy as largely successful prior to the global shock of COVID-19.
Speaking on Adom TV’s Badwam, Madam Osei Asare highlighted that Ghana recorded strong economic indicators between 2017 and 2020 under Mr. Ofori-Atta’s leadership at the Finance Ministry.
“From 2017 prior to 2020, the numbers were good. Our growth was a minimum of about seven percent, we had single-digit inflation, and our currency compared to other foreign currencies was stable. There was certainty in the business environment until COVID hit us and things didn’t go the way we expected,” she stated.
According to her, the economic difficulties that later confronted Ghana were not unique and must be understood in the context of a worldwide crisis.
“So far, from the time we took over until COVID, we did a very good job,” she said. “He did a very good job as Finance Minister. We went into a global crisis. It was not just Ghana.”
Madam Osei Asare noted that even advanced economies are still struggling to fully recover from the impact of the pandemic.
“As of now, the UK is yet to come back to the economic settings they were in before COVID,” she observed.
She also stated that former President Nana Addo Dankwa Akufo-Addo acted appropriately when he later reshuffled the Finance Ministry.
“So he did his best, and when it was time for former President Akufo-Addo to change him, he did. Dr. Amin Adam also came in to do his part until the NDC took over,” she explained.
Her comments come amid renewed public debate over Mr. Ofori-Atta’s performance following his exit from office, with critics blaming him for Ghana’s recent economic hardships.
However, Abena Osei Asare insisted that history must fairly separate pre-COVID achievements from post-pandemic challenges.
She maintained that Mr. Ofori-Atta’s tenure should be remembered for stabilising the economy, improving growth, and providing business confidence before global disruptions altered Ghana’s economic trajectory.
Latest Stories
-
2026/27 cocoa season: COCOBOD engages international trading partners in London
10 minutes -
Fire contained at Dansoman’s Dayspring School, no casualties reported
14 minutes -
Nyankyerenease gets furnished CHPS compound to improve healthcare access
24 minutes -
Sky Train trial moves to defence as Asamoah, Ameyaw-Akumfi file witness statements
26 minutes -
AFCON 2027Q: Ghana will face Ivory Coast, Gambia unscathed – Sports Minister
29 minutes -
Heavy security at Accra High Court ahead of Salomey Baffoe bail hearing after EOCO’s attempted arrest of Manhyia South MP
39 minutes -
Teen rocker Nene Royal becomes first Thai to win America’s Got Talent
44 minutes -
Skills Bridge Ghana Foundation trains 50 professionals in solar energy
49 minutes -
Photos: Mahama Ayariga inspects waste evacuation exercise at Agbogbloshie
50 minutes -
Photos: Mahama meets world leaders at 81st UN General Assembly
50 minutes -
From the Accra Reset to Reparatory Justice: Inside President Mahama’s diplomatic agenda in New York
52 minutes -
Photos: Ghana-China relations strengthened at China’s 77th anniversary celebration
54 minutes -
Majority says stronger enforcement drove rise in NACOC arrests
54 minutes -
He took fees above legal limit – Inusah Fuseini alleges in Baffour Awuah case
55 minutes -
Jan Alessie joins African Collaborations Group advisory board
55 minutes