The Ranking Member on Parliament’s Finance Committee and the member of parliament for Bolgotanga Constituency , Isaac Adongo, has defended the Governor of the Bank of Ghana, Dr. Johnson Asiama, describing him as the right person to manage the country’s central bank.
According to Mr. Adongo, Ghana would have faced a difficult situation if the National Democratic Congress (NDC) had not won the 2024 elections and Dr. Asiama had not been appointed governor.
Speaking in an interview with Edem Mensah-Tsotorme, Online Editor for ghanaiantimes.com.gh, Mr.Adongo said the opposition New Patriotic Party (NPP), including Kojo Oppong Nkrumah, only wanted to remain relevant within their party.
“Well, the NPP and Kojo Oppong Nkrumah have a job to do. They want to remain relevant in their party. I don’t begrudge them,” he said.
Mr. Adongo praised President John Dramani Mahama for appointing Dr. Asiama as Governor of the Central Bank after returning to power.
He explained that the President carefully assessed the country’s economic challenges while in opposition and chose Dr. Asiama as the best person for the role.
According to him, the governor has so far shown strong leadership at the central bank.
“I’m not saying this because I work closely with him, but sitting on the board with him, his leadership is on par,” he stated.
The lawmaker further noted that the governor understands the concerns of Ghanaians, especially regarding the rising cost of living and economic pressures.
He said government had already done the “heavy lifting” in stabilizing the economy and would now reassess some of its policies to reduce pressure on public finances.
Mr. Adongo expressed optimism that the country would not witness the same level of government expenditure from 2026 onwards.
“We’ll go back to the drawing board and consider the fiscal implications of some of the actions we have taken. I believe that from 2026, we will not see the same magnitude of expenditures,” he added.
By: Jacob Aggrey
