According to the Republic press new paper, Finance minister ken ofori Atta has lashed back at his critics and remains adamant on his decision not to resign but continue as the finance minister of the country.
This comes after the former president John Dramani Mahama’s call for the his resignation after a bad two term in power led to the introduction of the elevy and the decision to take a whopping $2BN loan from the International Monetary Fund.
Many Ghanaians are also likeminded on the decision for the finance minister to either retire in oblivion or be forced by the parliament to resign due to incompetence. Under Ken Ofori Atta’s regime as the finance minister, Ghana’s debt stock has risen to a whopping ¢391.9 billion as at the first quarter of 2022 (March).
Within the year 2017 alone , two banks UT Bank and Capital Bank, were closed by the finance ministry with consultantion the government. In the second term five other banks had their licences revoked by the government in a finance sector cleanup exercise.
Also a total of 23 Ghanaian-owned savings and loans companies also had their license revoked. Despite all that, inflation rates continue to skyrocket and the surviving banks from the banking sector cleanup continue to struggle.
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