Oye Lithur challenges the competence of Mr. Ofori-Atta as Minister of Finance

General News on Friday, March 29, 2019

Source: asempanews.com

2019-03-29

Nana Oye Lithur, former Minister for Parity, Children and Social Welfare, asked about the ability of Finance Minister Ken Ofori-Atta to manage the country's economy.

The finance minister said Thursday in parliament that the president, Nana Addo Dankwa Akufo-Addo, had ordered the formation of a bipartite committee to study the continued depreciation of the value of the cedi.

"The president has ordered me to study the structural causes of the cedi's depreciation and that I propose remedial measures, the government and I will form a bipartite committee to proceed immediately," Ofori said. -Atta in Parliament. Thursday.

However, commenting on the problem on TV3 New Day Friday, Ms. Oye Lithur recalled the call by the President for the establishment of a committee to examine the causes of the fall of the cedi and incompetence on the part of the Government Economic Management Team (EMT), and the government in general.

According to her, if as a finance minister member of the Economic Management Team (EMT) does not know the causes of the fall of the cedi, he should then resign.

"If the NPP says that with its economic management team that the Vice President, Mr. Bawumia, has praised, Osei Akoto, Prime Minister, Governor of the Bank of Ghana, if they do not know the problem we have and that they have a bipartisan committee badembled to diagnose the problem of Ghana's economy two and a half years after the beginning of their mandate, when he was only four years old … then the Honorable Ken Ofori Atta did not nothing more to be a Minister of Finance, "she said.

She added that if the new patriotic party led by Akufo-Addo could not identify the problem of the economy, this would clearly imply that he is not able to handle the affairs of the country.

In its "simplistic" badysis, Ghana is heavily dependent on imports, a situation which, it says, puts the Cedi under pressure and depreciates.

She said that she expects the professionals who make up the economic management team to know better and do what is needed rather than forming a bipartite committee.