Finance Minister Ken Ofori-Atta Dismissed by President Akufo-Addo

President Akufo-Addo has acceded to the calls of several NPP members and the general public by relieving Finance Minister Ken Ofori-Atta of his duties.
The announcement, made on February 14, 2024, by the Director of Communication at the Presidency, Mr Eugene Arhin, coincides with Valentine’s Day, suggesting a potential compassionate gesture due to Ofori-Atta’s health issues.

A statement from President Akufo-Addo’s office has revealed that Mohammed Amin Adam, the current minister of state at the finance ministry, will replace Ken Ofori-Atta. Formerly the deputy energy minister with oversight of the petroleum sector, Amin Adam will now assume the role.

President Akufo-Addo initially appointed Ofori-Atta as finance minister in 2017 with a commitment to tackling unemployment, poverty, and boosting economic growth through tax cuts and administrative simplification.
However, Ofori-Atta has faced significant criticism from both opposition protesters and lawmakers within his own party for his handling of Ghana’s economic challenges.

During Ofori-Atta’s tenure, the cedi depreciated, and inflation skyrocketed, causing hardship for many Ghanaians.

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