Bolga Central Member of Parliament Isaac Adongo has mentioned a remark by the Majority Leader Osei Kyei-Mensah-Bonsu that Vice President Dr Mahamudu Bawumia can’t be blamed for the financial challenges as a result of the buck stops with the President, can’t be accepted.
He says Dr Bawumia knew that the buck stops with the President, however went forward to guarantee Ghanaians that the free-fall of the Cedi had been managed.
“You went out and told them that you had arrested the dollar, you didn’t know that the buck stops with the President?” the Ranking Member on Parliament’s Finance Committee informed Keminni Amanor on Hot Issues on TV3, Sunday December 3.
It is recalled that Osei-Mensah-Bonsu defended Vice President Dr Mahamudu Bawumia towards criticisms that he mismanaged the economic system as head of the Economic Management Team (EMT).
Mr Kyei-Mensah-Bonsu indicated that Dr Bawumia solely performed advisory roles. “The buck stops with the President,” he intimated.
Speaking in an interview with TV3’s Keminni Amanor on TV3’s Hot Issues, the Suame lawmaker mentioned: “The management of the economy is at the behest of the person who wields executive power, the Vice President is only to advise the boss, the buck stops with the boss.”
Critics together with Former President John Dramani Mahama have accused the flagbearer of the New Patriotic Party (NPP) Dr Bawumia of plunging the economic system into difficulties.
Mr Mahama referred to as for the removing of Dr Bawumia as head of the EMT as a result of he has failed.
In an earlier assertion welcoming the choice by the Akufo-Addo administration to move to the IMF, Mr Mahama mentioned on Saturday, July 2, 2022 that “President Akufo-Addo should take a daring choice to interchange his Finance Minister instantly with a extra assured and competent one that is keen and capable of work tirelessly to show our nearly hopeless state of affairs round.
‘In addition, given his apparent failures, the Vice President should be relieved of his duty as Chair of the Economic Management Team to allow the President to reconstitute the staff.
“We must draw useful lessons from this episode and avoid cheap politicking with the economy; that can only yield the disastrous outcomes that have brought us here,” Mr. Mahama mentioned.