Ofori-Atta isn’t an economist, he’s running the economy like an investment bank – Economist
Economist Bernard Oduro Takyi, has stated that the lack of expertise and experience of Finance Minister Ken Ofori-Atta is the cause behind the meltdown of Ghana’s economy.
According to the economist , Ofori-Atta is ruling Ghana’s economy like an investment banker because that is his area of expertise.
Mr Bernard Oduro Takyi, who made these remarks in an Onua TV interview, on February 14, 2023, said that investment bankers believe in making money from money and that is why Ofori-Atta has been borrowing so much money .
“Ofori-Atta is not an economist, he is an investment banker. Let us get it straight. Your profession determines how you run a country.
“All he has done in his life is to buy and say money. I’m not demeaning him, but that is who he has been. When all you have in your hand is a hammer, everything looks like a nail.
“So, when you have been an investment banker all your life and you become the finance minister of a country, you will think running the country is about buying and selling money. That is why when he came, his investment philosophy was to borrow to run the country,” the economist said.
He then added that Ken Ofori-Atta, as an investment banker, sees opportunities to help him enrich himself and that is what he is currently doing with commissions he will get from funds that the country borrows.
