Akufo-Addo and his cousin, Ken Ofori-Atta
The Nana Addo Dankwa Akufo-Addo-led New Patriotic Party, NPP, government witnessed a tumultuous day on Tuesday, October 25, 2022 with majority of the NPP caucus in Parliament pressing for the removal of the Finance Minister, Ken Ofori-Atta. The move by the over 80 Members of Parliament to go public with their demand for Ofori-Atta’s axing follows failed attempts to get President Akufo-Addo to act on their demand of dismissing his cousin. What ensued after their declaration was one huge meeting at the Jubilee House which according to reports was a heated and fierce one and thereafter, over twenty meetings among members of the majority caucus of Parliament and other interested persons as confirmed by the MP for Efiduase Asokore, Nana Ayew Afriyie. The major fallout from all these meetings was that Ken Ofori-Atta was placed on borrowed time and that a decision about his future would be made after he is done presenting and overseeing to the appropriation of the 2023 budget statement and sealing a deal with the International Monetary Fund (IMF). The latest action by the NPP MPs came on the back of several calls for the President to sack Ofori-Atta. The calls have often been met with excuses, justifications or defensive posturing by the President on why his cousin will continue to man the post. Here are five of those reasons Akufo-Addo satisfied with Ofori-Atta’s performance In the view of President Akufo-Addo, the recent economic challenges are not entirely the fault of Ofori-Atta but rather due to external factors such as the COVID-19 pandemic and the Russia-Ukraine war. The president is convinced that until COVID struck, Ken Ofori-Atta was leading the country’s economy on the right path and that he cannot be blamed for the current woes. “I came to office in 2017 when we were under an IMF programme. This same Ken Ofori-Atta was able to manage the economy for the first three to four years. We were then one of the fastest-growing economies in the world. We had an average growth rate of 7% a year. “For someone who has been able to do all these, how do I turn my back on him? For me, his performance has been excellent. That is why I have great difficulty in understanding what is going on,” the President told Kumasi-based OTEC FM in an interview. “I do not accept that criticism because the reasons why we got into the situation we find ourselves in have very little to do with us. In fact, the IMF confirmed this,” President Akufo-Addo posited. IMF Deal In the meeting with the aggrieved majority MPs, President Akufo-Addo is reported to have told the MPs to allow Ken Ofori-Atta seal a bailout plan for the country with the IMF before he is kicked out. Reports and media statements by some persons who attended the meeting were that the president is convinced a deal could be reached with the IMF in three weeks and a decision will be made afterwards.