Resign If You Can’t Govern With 40 Ministers-Prof Bokpin Tells Akufo-Addo

Professor of Economics at the University of Ghana Business School (UGBS), Godfred Bokpin has stated that President Akufo-Addo should step down if he cannot govern with at most 40 ministers.

According to him, the government should cut down on the number of ministers and embark on dissolving some agencies that are not needed in such dire times.

Outlining the recommendations by International Monetary Fund (IMF), he stated that the IMF programme the country has secured is not a definite solution to the economic crisis.

He said it has become critical that government puts in place measures to complement those recommended by the IMF.

He added that some ministries can also be merged to cut down on government expenditure.

“Why can’t we do that? If any president comes and says that he can’t do that, he should resign.

“We are not looking for perfect people to govern this country because we can’t get that here. If the president cannot govern this country with less than 40 ministers, he should step down.

“We said that government with this number of people……. because we don’t have the budget to sustain all of that. collapse that, sell the V-8s,” he said.

The economist also explained that the IMF is not an entity that embarks on recovering economies by itself.

According to him, the international body does not have a single case study of a country that it has transformed economically.

“This is how the IMF works. If any of us is thinking that the IMF certainly will come and transform our economy, IMF doesn’t do that.

The lecturer, therefore, indicated that the country needs to decide on specific interventions or strategies to achieve the “broad fiscal policy framework” prescribed by the IMF.

Professor Bokpin was speaking at the Graphic Business/Stanbic Bank Business Meeting.

The theme was “The Current Economic Situation and You.”