Due to delays in the IMF contract, calls for the resignation of the Finance Minister have increased.
After the administration failed to start a good deal with the International Monetary Fund, calls to replace Finance Minister Ken Ofori Atta have increased.
Weeks have passed since Ken Ofori-participation Atta's team's with the Fund was first announced.
There have been worries voiced that the country's economy may continue to suffer as a result of the delay in finalizing the agreement with the Fund.
Okay While in Ghana to check on the status of a program in Accra, the world's largest investment bank, Goldman Sachs, warned investors that "delayed conclusion poses the possibility of increased deficit monetisation by the BoG, cedi depreciation, and a loss in foreign exchange reserves."
This suggests that "the macroeconomic outlook may worsen further in the short term," according to Goldman Sachs.
Thus, the demand that President Akufo-Addo dismiss Ken Ofori Atta from his position immediately or that the minister resigns from his position to make way for new
The appointment of new ministers, according to Dr. Julius Kweku Kattah, a fellow at the Chartered Economists Ghana and an international economist who supported this proposal, was long overdue.
He claims that the delays in implementing the reform will have a negative effect on the economy both locally and globally.
"We have lost a great deal of time. In the course of development, that gap is significant. We won't reach our goal for the time period we prepared the budget for if your economic development is expected to proceed at a specific rate but we subsequently learn that its implementation has been delayed, "added he.
In the meantime, Palgrave Boakye Danquah, a government spokesman on governance and security, stated in an interview with TV3 that the Akufo-Addo
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