The Finance Minister, Kenneth Nana Yaw Kuntunkunuku Ofori-Atta, will serve the full eight-year term of President Akufo-Addo, which will make him the longest serving finance minister in the history of the 4th Republic.
In the history of the 4th Republic, no finance minister has served more than a term of a government, even when that administration got a second mandate.
On Tuesday, March 30, 2021, the President, Nana Addo Dankwa Akufo-Addo in his remarks at the swearing in ceremony of Mr Ken Ofori-Atta, hinted he would finish his term with Ken.
According to the President, even the outstanding display of in-depth knowledge at his vetting justified why he (President) had little choice but to re-nominate Ken Ofori-Atta.
He said that: “Everyone who watched him on national television, at the committee hearings can understand why I had little choice but to re-nominate him to serve another four years as Minister for Finance. And why by the grace of God, he will be at the end of my second and final term of office, the longest serving finance minister in the history of the 4th Republic.”
“Over two days, he exhibited clarity of thoughts, a clear understanding of how to grow an economy and what prospects the economy holds for the Ghanaian people,” the President said.
“He highlighted what public service means to him and outlined the plans he has to help revitalise the Ghanaian economy and restore it to the kinds of growth and expansion witnessed before the onset of the Covid-19 pandemic.”
“He provided a strong defence of his record in office as Finance Minister from 17th February 2017 when he inherited a weak, faltering economy from the Mahama Administration and helped nurse the economy back to good health by 6th January 2021.
“He highlighted what public service means to him and outlined the plans he has to help revitalize the Ghanaian economy and restore it to the kinds of growth and expansion witnessed before the onset of the Covid-19 pandemic,” he added.
That notwithstanding, the President urged the Finance Minister to continue to work towards improving the livelihood of Ghanaians, as it is the highest expectation of the people.
“I congratulate you heartily on your appointment and I’m sure you know that the Ghanaian people are expecting you to put the economy on a sound footing once again and help lead it out of the ravages of the pandemic.
President Akufo-Addo commended Parliament for the bi-partisan consensus manner with which it did its work, and expressed gratitude to the House for giving him a good birthday present with the approval of the Minister on his birthday.
On his part, Mr Ofori-Atta thanked the President for “the confidence reposed in me to be with you these next four years.” He also thanked Members of Parliament for approving his nomination.
Mr Ken Ofori-Atta in his remarks inferred the biblical figure Nehemiah and one of the famous miracles of Jesus Christ.
“Mr. President, the work ahead will be monumental but we are not naive regarding the effort required. Like Nehemiah, we continue to remain resolute in the face of this global pandemic and skepticism and we know our Lord will give us success as He did in the times of Nehemiah and has done for us since we came into government in 2017 with two fish and five loaves,” he remarked.