A professor of finance and economics at the University of Ghana, Prof Godfred Bokpin, has critiqued the performance of the Deputy Finance Minister nominee, Thomas Nyarko Ampem, during his vetting, highlighting both areas of disappointment and potential for growth.
Nyarko Ampem appeared before the Appointments Committee of Parliament on Monday, February 24, 2025.
[embedded content]While acknowledging that the nominee may not have met all expectations during the vetting process, Prof Bokpin expressed optimism, suggesting that the Deputy Minister would have learned from the vetting of the Finance Minister.
“Well, he may not have delivered consistently on our expectations, but I believe that he would learn from this and take advantage to be able to assert himself,” Bokpin stated.
Speaking on Joy FM’s Super Morning Show during a discussion on the performance of the deputy minister nominees, Prof Bopkin further emphasised the importance of the Deputy Finance Minister’s role in complementing the work of the Finance Minister, clarifying that it is not about competing with the minister but rather enhancing the effectiveness of the ministry as a whole.
“There is nothing wrong, and it is not a case of you trying to outshine your minister or so, but within your own space, having listened to the minister during the vetting, you want to be able to fill in the gaps, you want to be able to tighten the loose ends,” he explained.
However, reflecting on the vetting, Prof Bokpin admitted he was slightly disappointed with the nominee’s performance, adding that he believed the Deputy Minister could have done better.
“From that perspective, I felt that he could have done better. I was a bit disappointed,” he remarked.
[embedded content]In addition to his critique of the vetting performance, Prof Bokpin shared his concerns regarding the ongoing focus on reducing the number of ministers and ministries.
He warned that such a concentration on streamlining could soon lose economic value and may not address the real issues at hand.
“The over concentration on cutting the number of ministers and ministries, and all of that, a time will come when that will not have economic value going forward,” he cautioned.
“I think the market is looking for specific measures on cost-cutting rationalisation,” he concluded.
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