Some financial analysts want the Minister of Finance, Ken Ofori Atta, to ensure that Ghana derives maximum benefits from the International Monetary Fund programme.
According to them, he must make sure that conditionality does not outweigh the success and benefits expected to be attained.
Some people have expressed sentiments about the programme, especially the decision by the IMF not to release the $3 billion in bulk for the full implementation for the three-year period.
Instead, the IMF is releasing the funds in tranches and further supervising and guiding the government in revising policies and programmes as part of the conditions.
The analysts who decided to remain anonymous said the Finance Minister must ensure that his ministry, continues to educate the people of Ghana on the implementation process, in order not to create doubts about the implementation process.
Again, the Majority and Minority caucuses in Parliament as well as the Speaker of Parliament, Alban Bagbin must also support Mr. Ofori-Atta to successfully implement the programme and not frustrate him or his ministry.
“Any decision to change the Finance Minister in the IMF programme is likely to disrupt or impede the implementation process and create mistrust between the parties”, one of them noted.
The decision by President Akufo-Addo, to assign the Finance Minister to lead a government delegation to negotiate the IMF deal helped Ghana to secure a record staff-level agreement.
Mr Ofori-Atta was touted as one of the best finance ministers in the world who was able to manage the country’s economy during the Covid-19 pandemic in 2020.
Under his watch, the government is aiming at creating a conducive environment for businesses to thrive, generate employment opportunities, and drive economic growth.
The government’s target is also to boost agricultural productivity, promote local industries, and invest in critical infrastructure projects.
It agenda is also to maintain responsible fiscal policies, improve revenue generation, and prioritize the efficient allocation of resources.
Latest Stories
-
Mahama’s gift-giving code lacks clarity and encourages double standards – Transparency Int’l Ghana
10 minutes -
Dreams FC: Shy Winfred Dormon remains tightlipped on interest in head coach role
13 minutes -
Supreme Court to hear another suit seeking to halt removal proceedings against CJ today
31 minutes -
Sammy Gyamfi lists 3 key NDC interventions behind Cedi appreciation
33 minutes -
Thousands of students register for ‘No Fees Stress’ reimbursement scheme – Kwakye Ofosu
50 minutes -
UTAG-UG slams Auditor-General for denying UG management the right of response to ‘damning’ report
54 minutes -
Telecel Group strengthens commitment to Ghana’s socio-economic development with major CSR initiative in digital skills training
2 hours -
Telecel Ghana honours Epixode with Music for Good Award at 26th TGMAs
2 hours -
Eddie Nketiah scores twice in Crystal Palace win over Wolves
2 hours -
The Pelican Hotel in Cantonments unveils a new era of hospitality
2 hours -
Mpohor and Adum Banso in the Western Region welcome 20 Blue Water Guards
2 hours -
Softcare celebrates Mother’s Day with donation to Korle-Bu Teaching Hospital
2 hours -
Monetary Policy Committee of BoG begins meeting today; cedi performance high on the agenda
3 hours -
itel debuts CITY series with CITY 100 new model: A stylish, durable & DeepSeek AI-powered smartphone for Gen Z
3 hours -
Star Assurance, Hope for Little Lives deliver transformative outreach
3 hours