The Minority caucus in Parliament has responded strongly to Finance Minister Ken Ofori-Atta's accusations against the previous National Democratic Congress (NDC) administration regarding the state of the International Monetary Fund (IMF) program.

In a written piece, Ofori-Atta stated that when the New Patriotic Party (NPP) government took office in 2017, they inherited what he described as a 'derailed IMF program' and a financial industry that was facing significant ethical challenges from their predecessors.

This statement comes amidst a series of demands from the Minority for the resignation of the Governor of the Bank of Ghana (BoG), whom they accuse of mismanaging the Central Bank.

Additionally, the Finance Minister, in his article, appealed for support in constructing a suitable new office for the Bank of Ghana (BoG).

In response to Ofori-Atta, Minority Leader Ato Forson released a statement asserting that the Mahama administration left behind a strong and stable economy.

“The Minister of Finance should not say anywhere again that the NDC administration left behind a derailed IMF programme. Clearly, at the time we were leaving office, there was no monetary finance. For the first time in the history of Ghana, the government did not take money from the central bank even though the law allowed the then administration to take 5% of the previous year’s revenue from the central bank.”

“The people of Ghana would recall that because the Mahama administration left behind a robust economy, the Akufo-Addo/Bawumia government within the first three months of its assumption of office was able to borrow US$2.25 billion from Franklin Templeton”.

Ato Forson underscored that the NDC government achieved remarkable performance in contrast to what Ghanaians are currently observing during the Akufo-Addo administration.

“We did better than they are doing and the NDC will always do better when the good people of Ghana give John Mahama and our party the opportunity to govern from January 2025. Finally, the Minority in Parliament wishes to remind Governor Addison and Mr. Ken Ofori-Atta that the day of reckoning is very near and they will be held accountable for their collective mess,” he said.

He additionally stated that history will not forget Ofori-Atta for leading Ghana to the IMF under challenging circumstances, while also maintaining his insistence on the resignation of the Bank of Ghana Governor.

“History will remember this Minister of Finance and the government’s Economic Mismanagement Team headed by Alhaji Mahamudu Bawumia for taking Ghana to the IMF in an ambulance”.