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We’re focused on results, not slogans – Deputy Finance Minister fires back at Bawumia’s Cedi comments
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Deputy Minister of Finance, Thomas Nyarko Ampem, has dismissed recent criticisms by former Vice President Dr Mahamudu Bawumia regarding the performance of the Ghanaian cedi, accusing them of focusing on “empty sloganeering” with the Cedi during their time in government.
Dr Bawumia, addressing the Young Executive Forum in London as part of his UK “Thank You Tour,” questioned the policy basis for the recent appreciation of the cedi, suggesting the gains were not backed by any substantive economic strategy.
But in a sharp rebuttal on Joy FM’s Midday News on Tuesday, 20 May, Mr Nyarko Ampem accused the former Vice President of continuing his well-known pattern of rhetoric without results.
“I’m not surprised by the statement made by the former Vice President. A man known for sloganeering during his time in office would naturally make such comments,” the Deputy Minister stated.
He said, “But the difference is clear — while they shouted slogans, we are quietly delivering results.”
Mr Nyarko Ampem stressed that the current administration, under the National Democratic Congress (NDC), is focused on measurable outcomes rather than political point-scoring.
“For us, we will not be going around shouting about slogans and policies. We will deliver. And the end will justify the means,” he affirmed.
He highlighted specific interventions that have supported the cedi’s recent stability, pointing to the government’s strategic initiatives, such as the establishment of the Gold Board, which he described as a turning point.
“We spoke extensively about the Gold Board and told Ghanaians it would make a difference. From January to April 2024, gold exports were around $860 million. Today, thanks to the Gold Board and our structured approach, we’ve exported over $2.7 billion worth of gold. That is not talk — that is delivery,” he explained.
The Deputy Minister also credited the revival of a derailed IMF programme with boosting investor confidence and creating macroeconomic stability.
“Since we took over, borrowing has reduced, and Treasury bill rates have been dropping consistently since February. These are tangible results, not slogans. And that’s what’s driving the growing confidence in our economy,” he said.
In a final jab at Dr Bawumia, Mr Nyarko Ampem urged him to reflect on the economic difficulties experienced under his watch.
He concluded,“The difference is obvious. Lives are becoming bearable again, and that’s what matters most.”
Source: Myjoyonline.com
The Office of the Special Prosecutor (OSP) has taken note of public allegations of extortion and related conduct made against the Minority Leader of Parliament, Alexander Afenyo-Markin.
The allegations were made by the Chief Executive of the Ghana Gold Board (GoldBod), Sammy Gyamfi.
In a brief statement, the OSP said it has also received a joint petition submitted by two persons, as well as two separate petitions from other persons, in relation to the same allegations.
“Given the nature of the allegations, the OSP will assess the case and determine whether it falls within its statutory mandate and whether further investigative action is warranted,” the statement said.
The development comes amid a heated public feud between the Minority in Parliament and the leadership of GoldBod over the operations of the Domestic Gold Purchase Programme.
The Minority, led by Afenyo-Markin, has accused GoldBod and the Bank of Ghana of causing a loss of over $1.7 billion, citing the International Monetary Fund’s August 2026 report. The Minority has vowed to pursue the matter as Parliament has reconvened for an emergency sitting.
GoldBod, on the other hand, has rejected claims by some NPP MPs, including Tano South MP Dr Gideon Boako, that it owes the Bank of Ghana GH¢1 billion in overdrafts, describing the claim as “false and malicious.”
In the latest twist, GoldBod CEO Sammy Gyamfi has accused the Minority Leader of extortion and related conduct, an allegation that has triggered petitions to the OSP.
The OSP is mandated under Act 959 to investigate and prosecute specific cases of alleged or suspected corruption and corruption-related offences involving public officers and politically exposed persons.
By Edem Mensah-Tsotorme
General Secretary of the New Patriotic Party (NPP), Justin Kodua Frimpong, has filed his nomination to contest the position of General Secretary again as the party begins its rebuilding efforts ahead of the 2028 general elections.
He was accompanied by party stalwarts and supporters who were in high spirits, expressing confidence that he is the right person to hold the position.
Speaking after filing his nomination, Mr Kodua Frimpong assured the rank and file of the party that he would not disappoint them.
“I can assure you that the faith the rank and file of the party have had in me, I will never disappoint them,” he said.
He also pledged to run a clean campaign devoid of personal attacks.
“I can assure you that our internal campaign will be devoid of personal attacks,” he told his fellow contestants and the rank and file of the party as he seeks to retain his position.
His tenure has seen the party through the 2024 general elections, where the NPP lost power to the National Democratic Congress (NDC) after eight years in government.
The party is currently in a rebuilding phase, with internal elections scheduled to elect new national executives to lead its reorganization towards the 2028 polls.
The General Secretary position is considered one of the most influential in the party’s administrative structure, responsible for the day-to-day running of the party secretariat and implementation of party decisions.
By Edem Mensah-Tsotorme
