• About Us
  • Contact us
  • Editorial Policy
  • Terms & Conditions
  • Privacy Policy
Monday, September 25, 2023
SUBSCRIBE
London Daily Post
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports
No Result
View All Result
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports
No Result
View All Result
London Daily Post
No Result
View All Result
ADVERTISEMENT

Ghana MPs suspend demand to oust finance minister until after IMF deal

Editorial Board by Editorial Board
October 27, 2022
in Finance News
Reading Time: 2 mins read
0


ACCRA, Oct 27 (Reuters) – A coalition of members of parliament from Ghana’s ruling party has quashed demands that Finance Minister Ken Ofori-Atta be removed from office until a support package is negotiated with the Monetary Fund International (IMF).

The ruling New Patriotic Party (NPP) said in the statement on Wednesday that President Nana Akufo-Addo told them that “their demands would be acted upon” after the next reading of the 2023 budget and the culmination of the ongoing IMF support talks.

A majority of NPP members of parliament on Tuesday called on the president to sack Ofori-Atta and his deputy to “restore hope to the financial sector”. They vowed not to participate in any government business and boycott budget hearings until his dismissal. Read more

Ghana is in the midst of an economic crisis as inflation and currency depreciation hit record levels despite repeated and severe hikes in lending rates.

Akufo-Addo’s office said on Wednesday that the president would address the nation on the economy on Sunday evening, after a week of emergency meetings with the central bank, currency traders and his own cabinet

Ofori-Atta, who is leading the IMF negotiations after initially opposing a deal, has faced calls for his removal from the country’s two main political parties.

Reporting by Christian Akorlie; written by Cooper Inveen; edited by Bate Felix and Jason Neely

Our standards: the Thomson Reuters Trust Principles.



Source link

Share this:

  • Twitter
  • Facebook

Related Posts

Finance News

Kaiser health workers set to strike in October, alleging bad-faith negotiations

September 22, 2023

More than 75,000 healthcare workers are set to strike for three days in October over what they say are bad-faith...

Finance News

Opinion: Some men may obsess about the Roman Empire. But what about the rest of us?

September 19, 2023

When it comes to stuff I obsess about, here’s a short list: Why can’t I get a decent piece of...

Finance News

My neighbor wants me to cut down my 20-year-old oak tree. Can he force me?

September 16, 2023

Dear Quentin, I have a healthy 20-year-old oak tree that my neighbor is convinced is going to fall on his...

Finance News

U.S. stocks close mostly higher despite inflation edging up in August

September 13, 2023

U.S. stock indexes closed mostly higher on Wednesday, as investors digested the latest consumer-price index data showing inflation picked up...

Next Post

Politician reworks his own name during ferocious campaign | Local News

POPULAR

Entertainment

Gisele Bündchen Opens Up About Contemplating Suicide As Young Model

September 23, 2023
World News

Russia-Ukraine war news: Russian defenses near Verbove breached, Ukrainian officials say

September 23, 2023
Finance News

Kaiser health workers set to strike in October, alleging bad-faith negotiations

September 22, 2023
  • About Us
  • Contact us
  • Editorial Policy
  • Terms & Conditions
  • Privacy Policy

© 2022 London Daily Post. All Rights Reserved.

No Result
View All Result
  • Home
  • UK
  • World
  • Business
  • Politics
  • Finance
  • Tech
  • Entertainment
  • Lifestyle
  • Sports