The Ministry of Finance and Economic Planning has been identified by Professor Applagyei-Alua of the University of Ghana Legon Law School as the ministry with the lowest performance in 2022.
Prof. Appiagyei-Atua discussed the ministry’s shortcomings in an interview with Joy News, noting that they were mostly responsible for Ghana’s economy becoming poorly managed.
He said, “To me, I think the ministry of finance and economic planning would come first if you want to choose the ministries and grade them in terms of the ministry that didn’t perform best at all.”
The law professor included the depreciation of the cedi, the contentious E-inability Levy’s to generate the anticipated amount of money, and the circumstances surrounding Ghana’s request for an IMF bailout as the factors that influenced his ranking.
“For instance, consider where the cedi was at the beginning of the year and how much it has declined to this level. The fact that you would not hear the government or the minister for finance make any concrete decisions or take any concrete actions to stop the cedis decline is one major negative for the minister for finance and economic planning. remarked Professor Appiagyei-AtuaProf. Kwadwo Appiagyei-Alua gave Ken Ofori-Atta, the minister of finance, a below-average performance evaluation.
I believe I would give the minister a score between two and three on a scale of one to 10,” he remarked. After 2022 ended with some New Patriotic Party lawmakers demanding on the dismissal of the finance minister, 2023 is likely to see further internal strife inside the ruling party.
In 2022, the opposition-dominated house’s minority in parliament introduced a censure motion, but it was defeated in a vote.
