
Ghana’s inflation rose to 5.5% in October - GSS
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24th February 2024 4:02:53 PM
2 mins readBy: Chris Kodo

Renowned governance expert, Prof Baffour Agyeman-Duah, has voiced concerns over the newly appointed role of former Finance Minister Ken Ofori-Atta, suggesting that there could be potential interference with the duties of the current Finance Minister, Dr Mohammed Amin Adam.
During an interaction with the media, Prof Agyeman-Duah expressed apprehension that Ofori-Atta's new position could lead to overlap and ambiguity in the administration of financial matters, particularly in international engagements such as debt negotiations and loan arrangements.
His concern remarks come in the wake of President Akufo-Addo's reshuffling of cabinet ministers, which saw Ofori-Atta receiving a new portfolio as Senior Presidential Advisor and Special Envoy for International Finance & Private Sector Investments.
Giving his submission on the development, the Professor emphasized the importance of clarity and coordination in government roles to ensure effective governance.
"The question is whether this is going to overshadow the work of the new Finance Minister, because as the new Finance Minister, he is leading the country in meeting our international obligations and negotiations on that," Agyeman-Duah remarked.
Mr Ofori-Atta's appointment as Senior Presidential Advisor and Special Envoy for International Finance & Private Sector Investments was announced in a letter dated February 15, 2024, signed by the Chief of Staff, Frema Osei-Opare. The letter congratulated Ofori-Atta on his reassignment and wished him success in his new role.
Reacting to his replacement, the outgoing Finance Minister expressed confidence in Dr. Mohammed Amin Adam, describing him as a "blessing for the future of Ghana." In a release, Ofori-Atta lauded Adam's leadership qualities and called for unity and diligence in supporting the new Finance Minister.
"We all know him as a smart, humble and inclusive leader. Let me state with all humility that nothing would honour me and the ‘Office of the Minister’ more than for you to work with renewed diligence to guide Hon. Amin and our nation to the successful execution of the IMF-ECF programme to promote economic growth and transformation," Ofori-Atta stated.
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