Ghanaian President Nana Akufo-Addo has sent shockwaves through the nation with a major cabinet reshuffle, just months ahead of December’s crucial elections. In a move that carries significant political implications, the president dismissed Finance Minister Ken Ofori-Atta, a central figure in the country’s ongoing economic struggles.
Ofori-Atta’s tenure was marked by a multitude of challenges. He led the nation through a debt restructuring process after Ghana defaulted on its external debt in late 2022. However, his time in office was also plagued by soaring inflation exceeding 50% and a drastic depreciation of the Cedi, Ghana’s currency. These economic woes fueled public discontent, with street protests and calls for Ofori-Atta’s resignation mounting pressure from both opposition and ruling party members.
While the official reason for Ofori-Atta’s dismissal remains undisclosed, the timing and context suggest a possible link to the nation’s economic struggles and the upcoming elections. The reshuffle also affected 12 other ministerial positions, with notable changes including Information Minister Kojo Oppong Nkrumah being reassigned and his deputy, Fatimatu Abubakar, taking over his former role.
This cabinet shakeup comes as President Akufo-Addo prepares to conclude his second and final term in 2025. With the elections looming, the move could be interpreted as an attempt to appease public concerns about the economy and potentially bolster the ruling party’s chances in the upcoming polls. However, it remains to be seen whether the reshuffle will be enough to address the deep-seated economic issues and regain public trust.