Business News of Wednesday, 23 November 2022

Source: www.ghanaweb.com

98 NPP MPs agree to support Ofori-Atta after Minority, NPP leadership meeting

Andy Appiah-Kubi, MP for Asante Akim North is leader of the 98 rebel MPs Andy Appiah-Kubi, MP for Asante Akim North is leader of the 98 rebel MPs

The Majority Caucus in Parliament has mended all cracks in their front ahead of the November 24 reading of the 2023 Budget Statement by embattled Minister of Finance, Ken Ofori-Atta.

A meeting between the lawmakers and leaders of the New Patriotic Party (NPP) was held on November 23 at which a number of agreements were reached.

The main points are that the Minister will be supported in presenting the budget and seeing through its appropriation as well as be allowed to see through the current phase of negotiations with the International Monetary Fund, IMF.

The meeting comes on the back of a renewed call by some 98 NPP MPs who had threatened to boycott the budget presentation if Ofori-Atta appears to present it.

A statement co-signed by Majority Chief Whip, Frank Annoh-Dompreh and NPP General Secretary Justin Kodua Frimpong read in part: "At a meeting this evening, the 22 of November 2022, involving the Majority Caucus, the Leadership of the Party and the Council of Elders, it has been agreed by all to refocus and recline to the earlier position requested by the President."

The three broad areas agreed on were as follows

1. The demand be stood down until the conclusion of the round of negotiations with the International Monetary Fund (IMF) which would feed into the 2023 Budget;

2. The presentation of the 2023 Budget Statement and Economic Policy on the 24th November 2022 by the Finance Minister on behalf of the President; and

3. The subsequent presentation and passage of the Appropriation Bill

"The meeting agreed that the President would act upon the initial request of the NPP Parliamentary Caucus after the conclusion of these matters," the statement added.

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Find the full statement below:

22nd November 2022.

RESOLUTION OF IMPASSE IN THE NPP PARLIAMENTARY GROUP.


Over the past two weeks, especially, after the President had engaged the Majority Caucus over calls for the ouster of the Minister of Finance as well as the Minister of State at the Ministry of Finance and a statement on the engagement had been issued, the country has, witnessed a heightened public/media discussion on same subject matter.

There have been occasional individual interventions some of which have not helped the resolution of the issue in contention. On the other hand, some of these interventions have contributed to escalate tensions and suspicions.

At a meeting this evening, the 22 of November 2022, involving the Majority Caucus, the Leadership of the Party and the Council of Elders, it has been agreed by all to refocus and recline to the earlier position requested by the President, to wit:

1. The demand be stood down until the conclusion of the round of negotiations with the International Monetary Fund (IMF) which would feed into the 2023 Budget;

2. The presentation of the 2023 Budget Statement and Economic Policy on the 24th November 2022 by the Finance Minister on behalf of the President; and

3. The subsequent presentation and passage of the Appropriation Bill

The meeting agreed that the President would act upon the initial request of the NPP Parliamentary Caucus after the conclusion of these matters.

In the meantime, the Leadership of the Parliamentary group and the Leadership of the Party counselled the Honourable Members of the Parliamentary Party to resort to the Caucus ‘communication channels and, to the largest extent possible, work together as one Caucus unit.

Leadership and the Party in this regard call upon the Members of Parliament to attend to all Government Businesses in the House including, in particular, the 2023 Budget Statement and Economic Policy and all connected matters.

SIGNED
HON. ANNOH-DOMPREH, (MP) MAJORITY CHIEF WHIP, PARLIAMENT OF GHANA

JUSTIN KODUA FRIMPONG, GENERAL SECRETARY NEW PATRIOTIC PARTY