President John Dramani Mahama has nominated Thomas Nyarko Ampem, Member of Parliament for Asuogyaman, as Deputy Minister-Designate for Finance.
The nominee has been tasked with supporting the economic recovery agenda of the government.
If confirmed, Nyarko Ampem will work alongside Finance Minister Dr. Cassiel Ato Forson at a time when Ghana grapples with high inflation, mounting debt and structural fiscal constraints under the $3 billion International Monetary Fund (IMF) Extended Credit Facility program.
His appointment comes as the Mahama administration pushes to stabilise the foreign exchange market, enhance revenue mobilisation and implement key economic policies, including the government’s flagship 24-hour economy initiative aimed at boosting productivity and job creation.
Nyarko Ampem is expected to play a critical role in restoring investor confidence and ensuring fiscal discipline.
With high public expectations for economic recovery, the Finance Ministry faces the challenge of balancing debt sustainability with growth-oriented policies.
