'Ofori-Atta should not have been Finance Minister' – Franklin Cudjoe

The President of IMANI Africa, Franklin Cudjoe, has criticised the tenure of former Finance Minister, Ken Ofori-Atta, stating that he was not suited for the

role.

Speaking on Starring Chat with Bola Ray on Starr 103.5 FM on Thursday, April 9, 2026, Cudjoe said Ofori-Atta lacked a firm grasp of public finance, despite his background in private sector practice.

“I realised that he shouldn’t have become Finance Minister… frankly, he never understood public finance,” he stated.

While acknowledging that experience in private business can be relevant to public administration, Cudjoe argued that Ofori-Atta’s approach in office did not reflect prudent financial management.

Moody's revises Ghana's economic outlook from 'stable' to 'positive'

“If you came into power and all you do was just to borrow money and spend like nobody’s business… is that the way you run your bank? You wouldn’t do that to your bank,” he said.

The IMANI Africa President further suggested that the former minister did not fully understand the structure of public finance in Ghana, adding that his approach may have contributed to challenges within the system.

“I don’t think he understood finance the way we had structured it because… he tried to basically dismantle most of the structures within the public sector,” he added.