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
-
Gov’t proposes dedicated TVET Fund to drive Ghana’s skills-based economy
2 minutes -
Bank of Ghana working to close gap in credit access – Matilda Asante-Asiedu
10 minutes -
Young Ghanaian author channels book sales into community water project
13 minutes -
Britons on hantavirus cruise ship face 45 days of self-isolation
13 minutes -
One collapses and dies as police arrest robbery suspects in Bolgatanga
17 minutes -
BoG urges banks to back women-led businesses with affordable credit
22 minutes -
Charles Amissah case should not focus only on doctors – Dr Eli Atukpu
23 minutes -
Allied Health Professions Council cautions UDS over serious academic irregularities at Ghana Christian University College
29 minutes -
From sewing to the spotlight: MC Too Cute opens up on motherhood and dreams
37 minutes -
Resign if you are tired – Parliament’s health commitee tells medical professionals after Charles Amissah death probe
42 minutes -
AAK calls for stronger regional alignment to unlock West Africa’s shea potential
44 minutes -
Ghanaian bags $20,000 Stanford Impact Prize
52 minutes -
Adopt sustainability reporting now – Deloitte Assurance Services Partner to insurance firms
57 minutes -
Joseph Opoku named Jupiler Pro League April Player of the Month
1 hour -
John Darko praises Suame Municipal Hospital as legacy of Akufo-Addo’s healthcare agenda
1 hour