The Economic Management Team does not have decision-making powers – Bawumia

The head of the Economic Management Team (EMT), Vice President Dr Mahamudu Bawumia has said that the EMT does not have decision-making powers.

He says they only advise the cabinet.

His comments come at a time when he has been blamed for the economic challenges that Ghana is facing.

It is recalled that former President John Dramani Mahama asked that he should be removed as head of the EMT for the challenges.

Delivering his address at the University of Professional Studies, Accra (UPSA) on Wedmesdsy Febraury 7, Dr Bawumia, flagbearer of the New Patriotic Party (NPP)., said “Thankfully I was appointed as chair of the EMT, as a committee of Cainet we do not have decision-making powers but I am very proud of the quality of advice we have been providing over the years to Cainet. as vice president I was asked by the president to assist in solving the problems that were inhibiting the economy. my approach was to help formalize the economy through digitalization as stated in our 2016 manifesto.”

Dr. Mahamudu Bawumia further said that the flak that the Bank of Ghana (BoG) received for supporting the government during the economic crisis was unnecessary

e says the central bank was responsible enough to put the interest of Ghanaians ahead by deciding to support the government in dealing with the crisis.

It is recalled that the Minority in Parliament strongly criticized the Bank of Ghana, saying the central bank was not fit for purpose.

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