Professor John Gatsi, an economist, has blamed Ghana’s present economic problem on Finance Minister Ken Ofori-Atta.
Mr. Ofori-economic Atta’s management is troublesome, according to the Dean of the Cape Coast University Business School.
In an interview on Starr FM on Monday, June 27, the Economist stated that the Finance Minister’s borrowing rate should be a serious issue for the nation.
Prof. Gatsi also noted that the Finance Minister must justify to Ghanaians the advantages of his borrowing spree.
His remarks follow a Monday proposal by a governing NPP stalwart, Gabby Asare Otchere-Darko, that Ghana may need to seek financial assistance from the IMF since the e-levy has failed to generate the projected income.
“He cannot manage the Ghanaian economy only in 2022, he has been managing the economy since 2017, and cumulatively, his policy in terms of fiscal management has actually created a huge problem for this country.
“And that I do not think that he himself is not aware. He is the one who presents the kind of borrowing that we need to do and that borrowing has created problems for the country. Therefore, we cannot blame any other person than the Finance Minister,’’ he said.
He continued: “Most of the things he comes to Parliament to present, that is his belief that he has presented to Parliament. So we should hold him on those things rather than extending it to some individuals who have been considered to be of value to the government. But may not be in charge directly of affairs of this country.”