Audio By Carbonatix
President Akufo-Addo has assured that the reshuffle of Finance Minister, Ken Ofori-Atta will not disrupt Ghana's ongoing bailout package implementation with the International Monetary Fund (IMF).
Speaking during his State of the Nation Address in Parliament on Tuesday, February 27, Akufo-Addo reaffirmed the government's commitment to upholding the IMF agreement terms.
He reassured the public that Ghana's deal with the IMF is secure.
“Mr Speaker, it is important to underline that the recent change in the leadership of the Finance Ministry will not affect the Government’s commitment to implementing the terms agreed with the IMF to ensure that we restore the economy to healthy growth as soon as possible.”
Dr. Mohammed Amin Adam was appointed as the new Finance Minister on Wednesday, February 14, following Ofori-Atta's reshuffle after his seven-year tenure as part of a cabinet reshuffle announced by President Akufo-Addo.
Despite facing challenges and calls for his resignation from some members of Parliament, Ofori-Atta remained Ghana's longest-serving Finance Minister.
Calls for his resignation stemmed from economic difficulties, with around 80 NPP MPs demanding his departure in October 2022 and similar requests made by the NDC parliamentary caucus in February 2023.
However, President Akufo-Addo dismissed these calls, urging Parliament to wait until ongoing discussions with the IMF concluded.
Latest Stories
-
Climber Alex Honnold scales 101-floor skyscraper without safety gear
2 hours -
Kenya’s ex-deputy president alleges assassination attempt in church attack
3 hours -
People cling to treetops as ‘worst floods in a generation’ sweep Mozambique
3 hours -
One dead, two rescued in fatal accident at Breku Forest on Accra–Kumasi highway
3 hours -
Fire sweeps through mechanic shops at Sofoline, destroys over 100 vehicles
3 hours -
Prof. Emmanuel Adinyira: When steel kills and we blame the spirits
5 hours -
Police intercept 26 sacks of suspected narcotics in Ho
7 hours -
First Sky Group creates over 6,000 jobs to tackle unemployment – CEO
8 hours -
First Sky Group builds 101 churches, expands facilities in Greater Accra – CEO
8 hours -
GPL 2025/26: Hohoe United’s relegation fears deepen after draw with Vision FC
8 hours -
First Sky Energies to add 50mw to the national grid from Yendi plant
8 hours -
Berekum Chelsea beat Bibiani GoldStars to boost relegation fight
8 hours -
GPL 2025/26: Albert Amoah scores on Kotoko return as they beat Holy Stars
8 hours -
First Sky Group commits over GH¢51m to dialysis care at Korle Bu – CEO
9 hours -
Local businesses want policy reforms against proliferation of foreign retail malls
10 hours
