Finance Minister ‘s Future: Resignation or Removal Looms, Ato Forson Hints

Minority laments over absence of 2024 budget copies following presentation

In a recent revelation, Minority Leader in Parliament, Dr. Cassiel Ato Forson, has suggested the imminent departure of Finance Minister Ken Ofori-Atta, either through resignation or removal from office. According to Dr. Forson, discussions about Ofori-Atta’s exit have been circulating within both caucuses of Parliament in the past few days.

During a forthcoming PM Express interview, Dr. Ato Forson expressed, “There is a rumor all over that the Minister of Finance is going to resign or they are sacking him in the coming days, and that this is his last budget.” He further noted that many businesses have suffered under Ofori-Atta’s tenure, creating a difficult economic environment for their operation.

Dr. Forson criticized the Finance Minister, stating, “His legacy is that he will be remembered for destroying rival businesses. He will be remembered for destroying and bringing the Ghanaian economy, particularly the financial sector, to its knees.” He accused Ofori-Atta of borrowing to benefit personal business interests and asserted that the minister’s actions led to the collapse of numerous businesses.

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Referring to a UNDP report, Dr. Forson claimed that Ofori-Atta pushed approximately 8.5 million Ghanaians into extreme poverty. He also accused the Finance Minister of mistreating pensioners and causing hardships for many Ghanaian families.

Echoing Dr. Forson’s sentiments, Minority Chief Whip, Governs Kwame Agbodza, described Ofori-Atta’s potential departure as a result of poor performance. He highlighted the collective responsibility of the economic management team for Ghana’s economic challenges but noted that others, including Vice President Dr. Bawumia and Governor of the Central Bank, Ernest Addison, have distanced themselves from the Finance Minister.

In response, Majority Leader Osei Kyei-Mensah-Bonsu denied the allegations, stating that he was unaware of any discussions regarding the Finance Minister’s exit. The uncertainty surrounding Ken Ofori-Atta’s future adds a new layer of intrigue to Ghana’s political and economic landscape.

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