{"id":1227580,"date":"2022-10-18T12:23:43","date_gmt":"2022-10-18T12:23:43","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/18\/finance-ministers-must-always-be-held-responsible-for-a-countrys-economic-problems-iea-director-of-research\/"},"modified":"2022-10-18T12:23:43","modified_gmt":"2022-10-18T12:23:43","slug":"finance-ministers-must-always-be-held-responsible-for-a-countrys-economic-problems-iea-director-of-research","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/18\/finance-ministers-must-always-be-held-responsible-for-a-countrys-economic-problems-iea-director-of-research\/","title":{"rendered":"\u201cFinance Ministers must always be held responsible for a country\u2019s economic problems\u201d \u2013 IEA Director of Research"},"content":{"rendered":"<p><\/p>\n<div id=\"article-text\">\n<p>The Director of Research at the Institute of Economic Affairs, Dr. John Kwakye, has challenged President Akufo-Addo\u2019s assertion that the Finance Minister has done well and therefore cannot be sacked, saying, Finance Ministers must always be held responsible for a country\u2019s economic problems.<\/p>\n<p>In a tweet, the economist and a former member of the Monetary Policy Committee of the Bank of Ghana said since Finance Ministers are responsible for managing the finances of every country, therefore they must take the blame for any mess created.<\/p>\n<p>\u201cFinance Ministers must always be held responsible for a country\u2019s economic problems no matter the source. Kwesi Kwarteng is a clear example\u201d.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"628\" height=\"114\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/KWAKYE.png\" alt=\"\u201cFinance Ministers must always be held responsible for a country\u2019s economic problems\u201d \u2013 IEA Director of Research\" class=\"wp-image-10032190802 lazy\"  data- title=\"\u201cFinance Ministers must always be held responsible for a country\u2019s economic problems\u201d \u2013 IEA Director of Research\"\/><\/figure>\n<p>Dr. Kwakye also said the solution to the country\u2019s problems does not rest with the IMF or the World Bank.<\/p>\n<p>\u201cThe answer to our problems doesn\u2019t lie in Washington. It lies right here in Ghana\u201d.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"580\" height=\"125\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/KWAKYE-2.png\" alt=\"\u201cFinance Ministers must always be held responsible for a country\u2019s economic problems\u201d \u2013 IEA Director of Research\" class=\"wp-image-10032190803 lazy\"  data- title=\"\u201cFinance Ministers must always be held responsible for a country\u2019s economic problems\u201d \u2013 IEA Director of Research\"\/><\/figure>\n<p>On the falling value of the cedi, Dr. Kwakye called for hemorrhaging of the cedi to slow down its depreciation.<\/p>\n<p>\u201cUrgent interventions are needed to stop the hemorrhaging of the cedi\u201d.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"566\" height=\"119\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/10\/KWAKYE-3.png\" alt=\"\u201cFinance Ministers must always be held responsible for a country\u2019s economic problems\u201d \u2013 IEA Director of Research\" class=\"wp-image-10032190805 lazy\"  data- title=\"\u201cFinance Ministers must always be held responsible for a country\u2019s economic problems\u201d \u2013 IEA Director of Research\"\/><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Director of Research at the Institute of Economic Affairs, Dr. John Kwakye, has challenged President Akufo-Addo\u2019s assertion that the Finance Minister has done well and therefore cannot be sacked, saying, Finance Ministers must always be held responsible for a country\u2019s economic problems. In a tweet, the economist and a former member of the Monetary [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1227582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[5818,1749,3010,457,5209,3577,1477,1261,6914,5695],"class_list":["post-1227580","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-countrys","tag-director","tag-economic","tag-finance","tag-held","tag-iea","tag-ministers","tag-problems","tag-research","tag-responsible"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1227580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1227580"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1227580\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1227580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1227580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1227580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}