A Banking Consultant, Dr Richmond Atuahene, has emphasised the need for the government to significantly reduce its expenditure on ministers, as well as Ministries, Departments, and Agencies (MDAs).
Dr Atuahene criticised the current number of ministers and employees within MDAs across the country, suggesting it was excessive.
These comments were made during an Investment Dialogue on Citi TV, under the theme “Clarity in the Chaos: What Lies Ahead for the Ghanaian Economy.”
Dr Atuahene pointed out that developed nations such as the United States and the United Kingdom operate with fewer than 60 ministers adding that fiscal sustainability requires such expenditure cuts for the economy to experience growth.
“We need to cut the level of expenditure on these [things]. We cannot go with 86 ministers, so many people. Fiscal sustainability isn’t only about the debt management of it. At times you need to make expenditure cuts. We need to cut the level of expenditure on these ministries and MDAs.
“America doesn’t have 60 ministers. England does not have so many ministers. What are all these people doing? I mean some of them don’t even do anything and they have assistants.
“Recently I saw the people working in the Vice President’s office. They are more than the people working in this place. What sort of economy is this?… We must cut expenditure to the barest minimum, ” he emphasised.
-Citinewsroom



‘I never said I’ll declare a state of emergency to end galamsey’ – Mahama
Education minister to meet teacher unions on Monday over strike
Multiple fibre cuts disrupt voice, data services across the North – NCA
134 former NPP MMDCEs of Akufo-Addo administration demand terminal benefits
V/R: One dead, two injured as grader knocks down pedestrians at Dzodze
At least 16 people killed as Russia and Ukraine trade deadly air strikes
Gov’t directs release of 50,000 bags of grain to settle Ghana's obligation to EC...
'Stay away from Volta Region' — Togbe Afede warns Illegal miners
‘Common sense wasn’t working’ – Kumadoe takes on EOCO, MP standoff
‘Those saying they are beginning to regret coming home If that is the thank you ...
