Economic challenges: The buck stops with the president – Akufo-Addo

27th February 2024

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President Nana Addo Dankwa Akufo-Addo has said that the 1992 Constitution has entrusted executive powers into the hands of the president.

To that end, he said “the buck stops with the president. He or she takes the blame for the challenges.”

President Akufo-Addo said this while delivering the State of the Nation address in Parliament on Tuesday February 27.

He stressed that the president takes the blame for all the challenges the country is facing.

His comments come at a time when Vice President Dr Mahamudu Bawumia said that the Economic Management Team (EMT) which he heads does not have decision-making powers.

Dr Bawumia said the EMT only advised the cabinet.

As head of the EMT, he had been blamed for the economic challenges that Ghana is facing.

But delivering his address at the University of Professional Studies, Accra (UPSA) on Wednesday, February 7, Dr Bawumia said “Thankfully, I was appointed as chair of the EMT, as a sub-committee to Cabinet 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 Cabinet.

“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,” he explained.