![](\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/203\/20362578.jpg\")
<\/div>\nIsaac Adongo is calling for the head of Ken Ofori-Atta<\/b><\/p>\n
To him, he has mismanaged the economy<\/p>\n
He also accused the BoG governor of non-compliance<\/p>\n
Isaac Adongo, MP for Bolgatanga Central, is calling for the dismissal of the Finance Minister, Ken Ofori-Atta for \u201cdisastrously\u201d mismanaging the economy.<\/p>\n
According to him, it is the only way for the government to be able to revive the tattered economy.<\/p>\n
Speaking on Joy FM, the NDC MP said, \u201cTo give Ghana a fighting chance of reversing from the economic doldrums, Ken Ofori-Atta must be sacked. Ken is not somebody who even understands the issues we are discussing. Anytime you ask him a question he talks philosophy, he quotes the Bible. He doesn\u2019t address the fundamental question of the economy, fiscal policy, and monetary policy.\u201d<\/p>\n
The Deputy Ranking Member on the Finance Committee added, \u201chow on earth did he become the Finance Minister of our country? Even if we carry loads of money to Akufo-Addo, and we say collect 20 billion, Ken Ofori-Atta sitting there with that level of incompetence and with that lack of understanding is the cause of the challenges facing the economy, he won\u2019t mind you.\u201d<\/p>\n
He further indicated that, the governor of the Central Bank, Bank of Ghana, is the country’s biggest problem aside from Ken Ofori-Atta. <\/p>\n
To him, Dr. Ernest Addison is a very \u201cirresponsible governor who is managing an institution which is supposed to be law-abiding but is non-compliant with the laws of the state.<\/p>\n
\u201cBank of Ghana (BoG) as we speak today, for the past two years \u2013 they are to report to Parliament twice in a year as part of the oversight \u2013 BoG has not been here and yet it collapses people\u2019s businesses on account of non-compliance…\u201d<\/p>\n
Adongo further observed the government is using the controversial E-levy to divert attention from the ailing economy but the approval of the E-levy does not lie in the mouth of the President.<\/p>\n
\u201cWe haven\u2019t seen any determination on the side of the Majority. This government has shown that it cannot hold a divided country together. You are not a government that can get the buy-in of Ghanaians on a policy. The approval of the E-levy is not determined at the Jubilee house,\u201d he stated.<\/p>\n
Background <\/p>\n
On November 17, 2021, Finance Minister, Ken Ofori-Atta, announced the introduction of a 1.75% tax on all electronic transactions during the 2022 budget presentation before parliament.<\/p>\n
According to him, this new directive forms part of strategies to widen the country\u2019s tax net.<\/p>\n
He added that the 1.75% tax is also to enhance financial inclusion and protect the vulnerable in the country.<\/p>\n
The E-levy since its announcement by the finance minister has received public backlash from some Ghanaians especially Members of Parliament from the Minority Caucus.<\/p>\n
At a recent press conference, the Minister outlined a number of modifications to the Bill and announced that the government continued to engage stakeholders on the bill ahead of resubmission before MPs.<\/p>\n","protected":false},"excerpt":{"rendered":"
Isaac Adongo is calling for the head of Ken Ofori-Atta To him, he has mismanaged the economy He also accused the BoG governor of non-compliance Isaac Adongo, MP for Bolgatanga Central, is calling for the dismissal of the Finance Minister, Ken Ofori-Atta for \u201cdisastrously\u201d mismanaging the economy. According to him, it is the only way […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[2723,4102,1963,4103,2087,4104,2089,394],"class_list":["post-974795","post","type-post","status-publish","format-standard","category-business","tag-adongo","tag-disastrously","tag-economy","tag-isaac","tag-ken","tag-mismanaged","tag-oforiatta","tag-sack"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/974795","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=974795"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/974795\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=974795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=974795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=974795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}