Majority Leader Alexander Kwamena Afenyo-Markin has clarified that the movement of the Chairman of the Finance Committee, Kwaku Kwarteng, to the Economy Committee is a promotion.

During the presentation of the business statement, the Majority Leader announced the changes.

The Minority argued that the removal of the Obuasi West MP from the Finance Committee resulted from his failure to see through the passage of the over $300 million tax waivers for some 1D1F companies.

The Effutu MP announced that the former Deputy Finance Minister would now become the majority spokesperson on the economy.

However, clarifying his comments on the floor, Alexander Afenyo-Markin explained that the caucus decided to reposition Mr. Kwarteng to articulate its position on economic matters.

Meanwhile, the Leader of the Majority caucus has once again cautioned his side to be mindful of their criticisms of the nomination of Dr. Matthew Opoku Prempeh as the running mate to Dr. Mahamudu Bawumia, citing how the NDC publicly united in support of the naming of Prof. Naana Jane Opoku Agyemang, despite what he terms as reservations.