Ghana ’s President Nana Akufo-Addo has announced the dismissal of minister Ken Ofori-Atta and others in what is expected to be his last ministerial reshuffle before the nation’s crucial December election. The decision comes amid mounting pressure on Ofori-Atta , whose tenure has been marred by economic challenges and public outcry.
Ofori-Atta will be appointed senior presidential advisor on finance and special envoy on international investment and the capital markets, according to Jubilee House sources. Ghana faced its worst economic crisis in decades in 2022 as inflation surged to over 50%, prompting the government to seek a $3bn bailout from the International Monetary Fund (IMF). The subsequent debt restructuring process was fraught with difficulties, further exacerbating the country’s financial woes
Source: News Formal (newsformal.com)
Ghana President Minister Dismissal Economic Challenges December Election Ofori-Atta Senior Presidential Advisor Finance Special Envoy International Investment Capital Markets Inflation Bailout IMF Debt Restructuring Financial Woes
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