Policy analyst Dr. Steve Manteaw has launched a blistering critique of former Finance Minister Ken Ofori-Atta, branding him as the most incompetent figure to have ever overseen Ghana’s economy.
In a strongly worded social media post, Dr. Manteaw held nothing back, stating, “You mean the most incompetent finance minister in the economic history of Ghana, whose only understanding of economic management was reckless borrowing?” He added, “It is his mismanagement that led the country into the DDEP in the first place.”
According to him, Ofori-Atta’s legacy is marred by unsustainable borrowing, fiscal irresponsibility, and ultimately, the economic collapse that necessitated Ghana’s Domestic Debt Exchange Programme (DDEP).
Contrasting that with the current administration, Dr. Manteaw praised Finance Minister Dr. Cassiel Ato Forson for his fiscal discipline and effective stewardship, despite taking over a severely battered economy just months ago.
“The macro data have exceeded most IMF programme targets. And all it took was fiscal prudence and efficient spending. Ato toaso!!!” he declared, signalling his confidence in Dr. Forson’s ability to steer the economy back to stability.
Dr. Manteaw’s remarks reflect growing public discourse around the economic legacy of the Akufo-Addo administration and the new direction under President John Mahama’s leadership.
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Comments
I wont blame Ken Ofori-Atta too much but Akufo Addo and Dr Bawumia. Ken is Investment Banker and therefore Investment Gambler. Dr Bawumia was the Financial adviser to the President and was brought to Ghana because of his Phd in Economics. So we had former President Addo who read first degree in Economics, Finance Minister Ken who read first and second degrees in Economics and Vice President who read , first , second and third degrees in Economics but they managed to run down Ghana Economy.