NPP MPs agree to wait after IMF negotiations

Ken Ofori-Atta
Finance Minister Ken Ofori-Atta

By: Seli Baisie

The Majority Caucus in Parliament has agreed to President Akufo-Addo’s appeal to allow Finance Minister, Ken Ofori-Atta, and Minister of State at the Finance Ministry, Charles Adu Boahen, to stay in office till after the IMF negotiations are done.

The agreement follows deliberations among the group after meeting the President.

In a press statement released by the Majority Leader, Osei Kyei-Mensah-Bonsu, the Minister of Finance will stay “until the conclusion of the round of negotiations with the International Monetary Fund (IMF) and the presentation of the Budget Statement and Economic Policy in November, 2022, and the subsequent passage of the Appropriation Bill, after which time the demand will be acted upon.”

NPP MPs on Tuesday, October 25, petitioned President Akufo-Addo to remove Ken Ofori-Atta and Minister of State at the Finance Ministry, Charles Adu Boahen, from office over what they say will restore hope to the financial sector and reverse the downward trend in the growth of the economy.

But President Akufo-Addo says the timing is wrong and that terminating the appointment of Mr. Ofori-Atta will disrupt the IMF programme.

He, however, asked the MPs who have threatened to boycott the government’s business and the presentation of the 2023 budget to exercise patience.

Below is the release;

Read Also: NPP MPs call for Ofori-Atta’s removal problematic – Kyei-Mensah-Bonsu contends

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