In order to renew their calls for Ken Ofori-Atta’s resignation, New Patriotic Party (NPP) members of parliament advocating for his ouster are likely to meet this week.
Following the successful negotiation of the International Monetary Fund (IMF) bailout, according to the roughly 80 lawmakers, the Finance Minister must resign.
The IMF’s $3 billion three-year extended credit support for Ghana was delivered in two installments on Friday, May 19. The first installment was $600 million.
The member of parliament for Subin, Eugene Boakye Antwi, asserts that President Akufo-Addo must keep his word and fire Ken Ofori-Atta.
“My responsibility is to bring to light any shortcomings I perceive in the Ministry of Finance… You should resign for reasons of principle and conviction alone, Eugene Antwi remarked.
In response to the nation’s economic problems, the Member of Parliament for Asante-Akim-North, Andy Appiah Kubi, and other New Patriotic Party (NPP) MPs demanded the Finance Minister’s dismissal in 2022 and threatened to boycott the 2023 budget presentation.
After speaking with President Nana Addo about the issue, the MPs later changed their minds.
In order to secure Ghana’s bailout agreement with the Bretton Woods institution, they succumbed to the President’s pleadings that the Minister remain in position.
On December 8, 2022, after the debate on the censure motion report, members of the majority group of parliament orchestrated a walkout. The vote to determine Ken Ofori-Atta’s position as finance minister followed.
The walkout was headed by the majority leader, Osei Kyei-Mensah-Bonsu, who declared that they could not participate in a process that was politically laden with no logic.