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1Family Radio > Blog > Business > Resignation won’t solve the current mess – Kwame Pianim defends BoG Governor 
Business

Resignation won’t solve the current mess – Kwame Pianim defends BoG Governor 

What will happen if the governor leaves

1Family Radio
Last updated: 2023/08/25 at 3:49 PM
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Eminent economist Kwame Asare Pianim has defended the Governor of the Bank of Ghana despite recent calls for his resignation.

Dr. Ernest Yedu Addison is under pressure to step down for not only reporting a GH60.8 billion deficit in 2022 but also investing in a $250 million new central bank headquarters at the same time the loss was suffered.

The Minority in Parliament, whose members will march in protest against Dr. Addison on Tuesday, September 5, has been particularly outraged by the decision to construct the building.

The Governor and the two Deputy Governors, Dr. Maxwell Opoku-Afari and Elsie Addo Awadzi, had been given 21 days by National Democratic Congress (NDC) MPs to leave office.

On the other hand, Mr. Pianim claimed that if the Governor steps down and the current Finance Minister takes over, it will have no impact in an interview with Paa Kwesi Asare of Media General, monitored by 1Family Radio.

“Resignation doesn’t solve any problem,’’ Kwame Asare Pianim noted.

“If the governor resigns now, what happens?’’ He quizzed.

“The same Minister for Finance who is at the core of the economic crisis with the President, they appoint somebody who doesn’t know the terrain, who hasn’t gone through this to be able to solve the problem? No.’’

He claimed that neither the Bank of Ghana nor any private business received any profit from the losses that were sustained.

Source: 1Familyradio

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TAGGED: #1familyradio, #BankofGhana, #ErnestAddison, #ghanamedia, #kwameasarepianim
1Family Radio August 25, 2023 August 25, 2023
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