Ken Ofori-Atta not completely gone; set to be appointed Presidential Advisor on Economy

Former Finance Minister, Ken Ofori-Atta
Ghana's former Finance Minister, Ken Ofori-Atta

Ghana’s former Minister of Finance, Ken Ofori-Atta, is set to be named a Senior Presidential Advisor to President Nana Akufo-Addo on all matters relating to the economy.

According to sources available to the 3News’ Political Desk, Ofori Atta will take up the new mantle following the February 14th ministerial shuffle.

Former Finance Minister Ken Ofori-Atta
Former Finance Minister Ken Ofori-Atta

Further reports corroborate this clarifying that Ken Ofori-Atta new portfolio will see him also serve as the president’s special envoy on international investment and the capital markets.

Ofori Atta was Ghana’s longest serving finance minister despite facing tough times and calls for his dismissal by some members of Ghana’s parliament.

On October 25, 2022, some 80 NPP MPs demanded Ofori Atta’s resignation over the bad state of the economy; this was reiterated by the NDC parliamentary caucus in February 2023.

Their calls for resignation were, however, rejected by President Akufo-Addo, who, at the time, asked for parliament to wait until conversations with the IMF were over.

Social media reactions to the reports of Ofori Atta’s new appointment

Some Ghanaian social media users have taken to the internet to express their faux shock that former minister is getting a new government appointment.

Popular economy commentator, Bright Simons posted a screen-grab of the news report with the caption “drama” on his X profile.

Another user commented, “…more advisors, more allowances. Add to the wage [bill] while pursuing additional taxes as the only approach to fiscal consolidation.”

User comment on Ken Ofori-Atta’s reported new appointment as Presidential Advisor

Another user stated that earlier assertions that Ken Ofori Atta was sacked are not true as this new position is an elevation “in the sense that he will be the most important figure in decision making in terms of financial and economic matters”.