Select Kwame Pianim to oversee negotiations with the IMF, Adongo advises the government.


A team of experts to be led by an economist named Dr. Kwame Pianim has been suggested by Bolgatanga Central Member of Parliament Mr. Isaac Adongo to the government for the negotiations with the International Monetary Fund (IMF).

He claimed that the team shouldn’t include the Minister of State for Finance Charles Adu Boahen and Finance Minister Ken Ofori-Atta since, in his opinion, they failed.

On Saturday, July 2, he declared in an interview with TV3 that “They need to express good fortune by dismissing the people in government who have brought us here.” So it makes sense to fire Ken Ofori-Atta and Charles Adu Biahen.

“His Excellency the Vice President cannot be removed legally, but his position as head of the economic management team is not required by the constitution, therefore they can appoint someone to fill that position. The administration must also assemble a technical team to negotiate with the IMF. If they want to lead the team, they must find an experienced, well-respected NPP member. Dr. Kwame Painim has the stature and the repute, therefore I would choose him any day.

The Akufo-Addo administration has chosen to approach the IMF for assistance after years of saying it would not.

President Akufo-Addo instructed Mr. Ofori-Atta to begin negotiations with the IMF on Friday, July 1, after speaking by phone with Miss Kristalina Georgieva, the managing director of the IMF, and relaying Ghana’s determination to work with the Fund.

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Former President John Dramani Mahama responded favorably to this move by applauding the choice to attend the Bretton Woods institution.

“The Finance Minister cannot and should not be a member of the negotiating team because he oversaw the calamitous collapse of the economy. He no longer commands the respect and confidence of those who are involved in our economy. President Akufo-Addo needs to make the audacious choice to appoint a new finance minister who is confident, capable, and willing to put in endless hours of work right away.

Additionally, in order for the President to reassemble the Economic Management Team, the Vice President must be dismissed of his duties as the team’s chair due to his clear failings. We must learn from this experience and refrain from playing the economy for political gain; doing so would only result in the same tragic outcomes that have led us to this point, Mr. Mahama wrote on Facebook on July 2.

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