Minister for Finance and Economic Planning

The Minister for Finance and Economic Planning is the Ghanaian government official responsible for the Ministry of Finance of Ghana. The Minister for Finance since January 2017 has been Ken Ofori-Atta, co-founder and former Chairman of the Databank Group (an investment banking firm) in Ghana.[1] He was appointed by President Akufo-Addo following the Ghanaian general election in December 2016. Kwesi Botchwey stayed in office the longest (1982 to 1995), first under Jerry Rawlings as Secretary for Finance in the PNDC military government and then as Minister for Finance in the constitutionally elected Rawlings government at the beginning of the Fourth Republic and was in charge of the Economic Recovery Programme under the auspices of the World Bank which oversaw major economic reform in Ghana.

List of ministers edit

The first Ghanaian to head this ministry is Komla Agbeli Gbedemah who assumed this position in 1954 when the Britain allowed Kwame Nkrumah to form a government prior to gaining full independence in 1957. The Ministry has at various times been designated as Ministry of Finance or as it is currently, the Ministry of Finance and Economic Planning.

Number Minister Took office Left office Government Party
1 Komla Agbeli Gbedemah (MP)[2]
(First Ghanaian in this position)
1954 1957 Colonial government Convention People's Party
1957 1961 Nkrumah government
2 Ferdinand Koblavi Dra Goka (MP)[3] 8 May 1961 1964
3 Kwesi Amoako-Atta (MP)[4] 1964 1966
4 Akwasi Afrifa[5]
Emmanuel Noi Omaboe[6]
1966 1969 National Liberation Council Military government
5 Joseph Henry Mensah[7] (MP) 1969 1972 Busia government Progress Party (Ghana)
6 Ignatius Kutu Acheampong[8] 1972 ? National Redemption Council Military government
7 Amon Nikoi ? ?
8 Robert K. A. Gardiner 14 October 1975 May 1978 Supreme Military Council (Ghana)
9 J. L. S. Abbey ? 1979
1979 1979 Armed Forces Revolutionary Council
10 Amon Nikoi 1979 1981 Limann government People's National Party
11 George Benneh 1981 1981
12 Kwesi Botchweya 1982 1993 Provisional National Defence Council Military government
1993 1995 Rawlings government National Democratic Congress
13 Richard Kwame Peprah 1995 2001
14 Yaw Osafo-Maafo 2001 2005 Kufuor government New Patriotic Party
15 Kwadwo Baah Wiredu 2005 2007
16 Anthony Akoto Osei 2007 2009
17 Kwabena Duffuor 2009 2012 Mills government National Democratic Congress
2012 2013 Mahama government
18 Seth Terkper 2013 6 January 2017
19 Ken Ofori-Atta[9] 27 January 2017 incumbent Akufo-Addo government New Patriotic Party

See also edit

Notes edit

^a - Kwesi Botchway has been the longest serving Finance Minister. He served from 1982 to 1993 under the PNDC government and from 1993 to 1995 in the same portfolio under the NDC government under Jerry Rawlings. In all he served a total of 13 years.

References edit

  1. ^ "Profile of Ken Ofori-Atta". Ministry of Finance Ghana. Retrieved 8 October 2018.
  2. ^ Ghana Year Book. Accra: Graphic Corporation. 1961. p. 11. Retrieved 8 March 2020.
  3. ^ Ghana Year Book. Accra: Graphic Corporation. 1962. p. 206. Retrieved 8 March 2020.
  4. ^ Jakande, L. K., ed. (1965). "List of Ministers". West Africa Annual (8). James Clarke: 77. Retrieved 8 March 2020.
  5. ^ "Lt. Gen Akwasi Amankwa Afrifa Profile". GhanaWeb. Retrieved 9 March 2020.
  6. ^ "Ghana Today" Volume 11. 1967. p. 4. Retrieved 9 March 2020.
  7. ^ "Profile of the late Joseph Henry Mensah". www.ghanaweb.com. Ghana Web. 12 July 2018. Retrieved 9 March 2020.
  8. ^ Paxton, J. (14 Sep 1972). The Statesman's Year-Book 1972-73. Macmillan. p. 309. ISBN 978-0333124062. Retrieved 9 March 2020.
  9. ^ "Nana Addo swears in 12 ministers". Ghanaweb. Ghanaweb. 28 January 2017. Retrieved 16 November 2017.