{"id":152247,"date":"2024-02-16T06:38:21","date_gmt":"2024-02-16T06:38:21","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/02\/16\/amin-adams-appointment-too-late-to-turnaround-economy\/"},"modified":"2024-02-16T06:38:21","modified_gmt":"2024-02-16T06:38:21","slug":"amin-adams-appointment-too-late-to-turnaround-economy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/02\/16\/amin-adams-appointment-too-late-to-turnaround-economy\/","title":{"rendered":"Amin Adam&#8217;s appointment too late to turnaround economy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Former Finance Minister Seth Terkper has expressed scepticism about President Nana Addo Dankwa Akufo-Addo\u2019s decision to replace Ken Ofori-Atta with Dr. Mohammed Amin Adam as Finance Minister.<\/p>\n<p>According to Mr. Terkper, the change comes at a critical time when the country is under an IMF programme, suggesting that it might be too late for Dr. Adam to make a substantial impact on the economic policy of the president and government.<\/p>\n<p>Dr. Mohammed Amin Adam, after his reassignment, has pledged to prioritize revenue mobilization efforts to bolster the nation\u2019s finances and achieve its expenditure goals.<\/p>\n<p>He also assured the International Monetary Fund (IMF) of the government\u2019s commitment to the ongoing program, promising not to stray from the government\u2019s policies and programs as outlined in the 2024 budget.<\/p>\n<p>In an interview with <strong>Citi News<\/strong>, Mr. Terkper pointed out that the budget and economic policy are ultimately under the President\u2019s authority, and with the limited timeframe until the next general elections, he expressed concerns that Dr. Adam may face challenges in implementing significant policy changes.<\/p>\n<p>\u201cWe are a country where we could not do a turnaround of the economy, and we were preemptive, with everybody blaming it on COVID-19 and the Ukraine war, where some $6 billion flowed into the economy without the ability to turn it around.\u201d<\/p>\n<p>\u201cThis administration is not the only one that has suffered global or domestic setbacks, from droughts or floods to the global financial crisis, and so I think the situation is dire, and so we have to ask ourselves if nine months is enough time to do a turnaround.\u201d<\/p>\n<hr\/>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU: https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Former Finance Minister Seth Terkper has expressed scepticism about President Nana Addo Dankwa Akufo-Addo\u2019s decision to replace Ken Ofori-Atta with Dr. Mohammed Amin Adam as Finance Minister. According to Mr. Terkper, the change comes at a critical time when the country is under an IMF programme, suggesting that it might be too late for Dr. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":147951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-152247","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amin Adam&#039;s appointment too late to turnaround economy - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/02\/16\/amin-adams-appointment-too-late-to-turnaround-economy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amin Adam&#039;s appointment too late to turnaround economy - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Former Finance Minister Seth Terkper has expressed scepticism about President Nana Addo Dankwa Akufo-Addo\u2019s decision to replace Ken Ofori-Atta with Dr. Mohammed Amin Adam as Finance Minister. 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