Head of IMANI Africa, Franklin Cudjoe, has responded to recent reports surrounding the purported appointment of former Finance Minister Ken Ofori-Atta to a new position.

The news broke barely 12 hours after Ofori-Atta's dismissal as minister, with pro-government Asaase Radio reporting that he had been named a senior economic advisor to the president.

Cudjoe weighed in on the development, highlighting the significance of Ofori-Atta's alleged new role. Referring to the reported designation as "president’s special envoy on international investment and the capital markets," Cudjoe emphasized the influential responsibilities that Ofori-Atta would likely undertake, asserting that he would effectively spearhead negotiations for major deals.

Cudjoe quoted a segment of the Asaase Report outlining Ofori-Atta's purported responsibilities.

Quoting from the report, Cudjoe emphasized: "The former finance minister Ken Ofori-Atta is to be appointed as the senior presidential advisor on the economy. He will also serve as the president’s special envoy on international investment and the capital markets, according to Asaase News sources in the Office of the President."

Cudjoe's analysis followed: "Meaning he will be in charge of negotiating most big deals.. he is now bigger than MoF......" This assessment underscores the perceived significance of Ofori-Atta's reported appointment, suggesting that it elevates his influence and responsibilities beyond those of the Ministry of Finance.

News of Ofori-Atta's potential new role comes amidst a backdrop of governmental changes, prompting reactions and discussions about the implications of such decisions on Ghana's economic landscape.

As the situation unfolds, stakeholders are closely monitoring developments regarding Ofori-Atta's purported appointment and its potential impact on national economic policies and negotiations.