IMF bailout: Finance Minister must take a step back – Political analyst



A Political Risk Analyst, Dr. Theo Acheampong, has asked the Finance Minister to resign in the wake of the International Monetary Fund (IMF) engagement effort.

According to him, the fact that Ken Ofori-Atta went back on his principle to avoid the Fund is enough grounds for him to sit it out.

“The Finance Minister, ideologically and on record doesn’t support Ghana going to the IMF. Perhaps, the time has come for him to take a step back in this regard,” he intimated.

To address current economic challenges, Dr. Acheampong called for a major reshuffle in the Akufo-Addo-led administration

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Speaking on JoyNews’ Newsfile, the Analyst believed the government can do with some fresh energy at the helm of affairs of the country.

“I think what the President needs to do is to send a signal. We need a major reshuffling in the country.

“I think some of the Ministers and appointees have gotten a little too comfortable and it is time that we see some people being moved and we bring other people on the bench who could contribute [to the growth of the country],” he said on Saturday.

He joins other critics including former President, John Mahama, who has already charged President Akufo-Addo to replace Mr. Ofori-Atta with a more competent hand.

IMF bailout: Finance Minister must take a step back – Political analyst

However, a leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, has mounted a strong defense for the Finance Minister.

He believed government appointees, including the Finance Minister, rather need the support of the New Patriotic Party (NPP) and the populace to succeed.

“I think the Finance Minister has shown that he has creativity and innovation. He needs support from his party, parliament, and Ghanaians because it is clear that this is not a party that does not come up with solutions,” he told host Samson Lardy Anyenini.

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