The newly appointed Finance Minister, Dr. Mohammed Amin Adam, has reiterated his commitment to the government’s ongoing programme with the International Monetary Fund (IMF).
According to Mr. Amin Adam, his outfit will stick to the established path and guidelines of the programme.
In the wake of a ministerial reshuffle, Dr. Amin Adam, assuming the role of Finance Minister, stressed continuity in collaboration with the IMF.
“If you look at the budget that was presented this year, there were a number of pro-poor initiatives, and I do not intend to depart from those pro-poor initiatives.
“And I will ensure that business follows as usual as it should. We will make sure that we move faster to implement the tax reliefs that were made in the budget, and I am going to make sure the poor are insulated,” he said in an interview on Citi FM on February 15.
Dr. Amin Adam added, “It is important to note that we are under an IMF programme, and I want to assure the IMF and the business community that I will ensure that the programme remains on track. I will work to ensure that the programme does not suffer.”
The ongoing programme signifies a strategic partnership to address economic challenges and promote fiscal responsibility in Ghana.
The programme typically includes measures to contain inflation, reduce budget deficits, and enhance economic resilience.
On February 14, 2024, President Nana Akufo-Addo announced a major shake-up of the ministers forming the government, with the notable person, Finance Minister Ken Ofori-Atta, being removed from office.
He also axed Minister of Tourism, Arts and Culture Ibrahim Awal Mohammed and Oti Regional Minister Joseph Makubu.