Some eighty Members of Parliament (MP) belonging to the governing New Patriotic Party (NPP) have called for the sacking of Finance Minister, Ken Ofori-Atta.

They also want the Minister of State at the Finance Ministry, Charles Adu Boahen, removed from post.

According to the legislators, the aforementioned members of the Executive have proven to be incapable of handling the Ghanaian economy which is currently in tatters.

Speaking to the press on Tuesday, October 15, 2022, Asante-Akim North MP, Andy Kwame Appiah-Kubi said “we are communicating our strong desire that the President should change the Minister of Finance and the Minister without further delay in order to restore hope into the financial sector and reverse the downward trend in the growth of the economy.”

He noted that push has come to shove as the concerns of the Majority Group which were tabled before its leadership to the President, have yielded no positive results.

The Majority Group now adds their voice to the many Ghanaians calling for Mr Ofori-Atta to be replaced by a more competent individual.

Pressure now mounts on President Akufo-Addo, who has indicated that he has no plans of sacking the current Finance Minister.

The President has explained that Mr Ofori-Atta has proven himself worthy of managing the economy. He cited Ghana's growth in 2017 to argue that he finds no basis to replace the Finance Minister.

“I came to office in 2017 under a stringent IMF programme. This same man was able to manage the affairs of our economy in such a way that in my first term, we were one of the fastest-growing economies in the world. An average growth rate of 7% which allowed us to initiate programmes such as Planting for Food and Jobs,” he said.

“So somebody who has been able to do that. The current difficulties are not his fault. So how do I do it (sack him)? What will be the basis? What will be the rationale,” he further interrogated.

Ghana is currently battling a high inflation rate of 37.2% as of September, 2022. Also, the local currency continues to lose its value against major trading currencies.

A dollar is trading at about GH15. All these have happened under the watch of Finance Minister, Ken Ofori-Atta.

Meanwhile, Mr Ofori-Atta has encouraged Ghanaians to remain calm as the country engages the International Monetary Fund for an economic recovery programme.

He expects that the local currency will begin to appreciate once a deal is agreed upon.