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Remove Bawumia As Head Of EMT, Ken Ofori Atta Should Not Be Part Of IMF Negotiation Team - Mahama

The Economic Management Team (EMT) should be led by someone else since Vice President Dr. Mahamudu Bawumia has failed, according to former President John Dramani Mahama.

Additionally, Mr. Mahama stated that Ken Ofori-Atta, the finance minister, cannot and should not be a member of the negotiating team for negotiations with the International Monetary Fund because he oversaw the devastating collapse of the economy (IMF).

In a statement on Saturday, July 2, Mr. Mahama said, "The Finance Minister who has presided over the calamitous collapse of the economy cannot and should not be part of the team of negotiators. We applaud the Akuffo-Ado administration's decision to go to the IMF. He no longer commands the respect and confidence of those who are involved in our economy.

President Akufo-Addo needs to make the brave choice to appoint a new finance minister right away who is capable and confident enough to work diligently to improve our nearly dismal position. Additionally, in order for the President to reassemble the Economic Management Team, the Vice President must be dismissed of his duties as the team's chair due to his clear failings.

We must learn from this experience and refrain from playing the economy for political gain; doing so would only result in the same tragic outcomes that have led us to this point, Mr. Mahama wrote on Facebook on Saturday, July 2.

After speaking on the phone with IMF Managing Director Miss Kristalina Georgieva to inform her of Ghana's resolve to work with the Fund, President Akufo-Addo instructed Mr. Ofori-Atta to begin negotiations with the Fund on Friday, July 1. This was disclosed in a statement released by the Ministry of Information on Friday, July 1.

John Kumah, the deputy minister of finance, claimed that an IMF program would hasten the nation's recovery from its economic problems. He stated that the administration is hoping the scheme will help the nation.

"As a government, our goal is to regain public trust in the economy and help it recover from the difficulties and challenges it is currently facing, not just in Ghana but in practically all other economies worldwide.

"In our opinion, an IMF intervention will enable us to recover more quickly than we otherwise could. On the midday broadcast on Friday, July 1, he said, "We hope that it will help the nation.


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Akufo-Addo EMT John Dramani Mahama Ken Ofori-Atta Mahama


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