Former Minister of Lands and Natural Resources, Inusah Fuseini, has taken a swipe at critics, especially proponents of the opposition New Patriotic Party (NPP) who have said that the Minister of Finance, Dr Cassiel Ato Forson, does not deserve credit for the gains the Ghana cedi has made against the US dollar and other foreign currencies.
Speaking during a panel discussion on ChannelOne TV on May 17, 2025, Inusah Fuseini laughed at the assertion when it was repeated by the Member of Parliament for Walewale, Dr Abdul Kabiru Tiah Mahama.
Dr Mahama suggested that the ongoing appreciation of the Ghana cedi could happen no matter who was finance minister.
Inusah Fuseini, who is a former MP for Tamale Central, asked Dr Mahama why the cedi did not make such gains during the tenure of former Minister of Finance, Ken Ofori-Atta.
“Kabiru said any finance minister could do what Ato is doing. But why didn’t Ken Ofori-Att do this? Why?” he asked.
The former Tamale Central legislator refuted the assertion that the Ghana cedi did not experience such gains under Ofori-Atta because of the Covid-19 pandemic.
“Covid brought in more resources than what we could even get in normal times. Covid brought in more than $3 billion and that was even external.
“The resources that we were able to mobilise internally were about $1 billion. If you add the Central Bank’s release to the government, you will come to realise that Covid was a blessing to the NPP government because they got a lot of resources. But what did they do with those resources?” he quizzed.
BAI/MA
Watch the latest edition of BizTech below:
