They know what they are doing – Kwame Pianim accuses Finance Minister of ignoring phone calls


Renowned economist, NPP stalwart and former Chairman of the Public Utilities Regulatory Commission (PURC), Kwame Pianim says all attempts to reach Finance Minister Ken Ofori-Attah have proven futile.

The Yale-trained investment consultant made this known during a conversation with TV3’s Berla Mundi on Wednesday, where he discussed government’s controversial e-levy bill and the current state of the economy.

Mr. Pianim alleged that Mr Ofori-Atta has badly managed the economy and “will go down in history as the Finance Minister who has borrowed more than all his predecessors.”

He described the e-levy bill as a wrong move to raise funds for infrastructure and admonished that it be abandoned.

“He [Ofori-Atta] has over-borrowed and we are not getting value for money. He needs to realise that he is not just a budget and expenditure minister, he is Minister for Finance. Finance means growing the economy,” Mr. Pianim said.

“We have to go back to the basics. This expenditure [the Electronics Transaction Levy], what is it on it for? Do we get value for money?” he quizzed.

Asked why he had not made any recommendations to government given his membership of the ruling New Patriotic Party (NPP), the economist said Mr. Ofori-Atta neither answers nor returns his phone calls.

“The Finance Minister doesn’t take my phone calls. The Deputy [Finance Minister] took, I reached out and spoke to the president, but he was very busy,” he narrated.

“Even when I reached out to his Personal Assistants to book an appointment, he doesn’t give me an appointment. They know what they are doing.”

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