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Ken Ofori-Atta will continue reckless borrowing – A.B.A Fuseini

Mon, 29 May 2023 Source: Island Reporters

A.B.A Fuseini, a member of parliament representing the Sagnarigu seat, has charged the New Patriotic Party (NPP) administration and Minister of Finance Ken Ofori-Atta of reckless, irresponsible borrowing because they profit whenever Ghana borrows.

The outspoken MP asserted that Mr. Ofor-Atta should not still be in office considering his performance as a minister and requests for his resignation from a significant portion of the population, particularly lawmakers from his own NPP.

Ken Ofori-Atta ought to have passed into history at least two years ago, if not longer. Never in the history of our nation have our values been so debased, especially in light of what this administration and Ken Ofori-Atta have done, he said. It is morally repugnant.

He also alleged that the NPP government embarked on reckless irresponsible borrowing because Ken Ofori-Atta’s company benefits and makes money any time Ghana goes to borrow.

“Anytime we borrow Ken Ofori-Atta’s Data Bank makes money, so it makes sense for him to just go and continue reckless borrowing so that any amount we borrow, they will make more money. So today, Ken Ofori-Atta’s company has become richer at the expense of poor labouring Ghanaians” A.B.A Fuseini said in an interview with Johnnie Hughes on 3FM Sunrise Morning Show

Prior to getting a successful IMF bailout programme, various stakeholders including; Civil Society Organisations, National Democratic Congress (NDC) and some Majority MPs had impressed on President Akufo Addo to change Ken Ofori-Atta as the finance minister.

However, the president pleaded with the NPP MPs who had threatened to boycott government business and the Ghanaian public to allow Mr. Ofori-Atta to complete the IMF negotiations since he had started it.

The IMF Board unanimously approved Ghana’s programme over the next three years at a meeting in Washington May 17, 2023 and has since received the first trench of Six Hundred Million Dollars out of the total approved Three Billion Dollars

Source: Island Reporters