Minister of Railway Development, John Peter Amewu has said his colleague Minister of Finance, Ken Ofori-Atta is one of the best brains in the country
In his view, Mr Ofori-Atta has been one of the best Finance Ministers in the Fourth Republic.
His comments come on the heels of the flak Mr Ofori-Atta has received following the decision by the government to head to the International Monetary Fund (IMF) for support despite repeated assurances by him that the country would not go to the Fund.
When his attention was drawn to the fact that Mr Ofori-Atta has been borrowing, he said “What is wrong with borrowing? If you borrow for a good reason there is nothing wrong, when you borrow for consumption, that is when you have a problem.
“The infrastructural development that we are seeing today, it is part of the borrowing and we are borrowing for good reason. These projects as have clearly demonstrated, are bankable projects, so if you borrow to finance a bankable project that has shown all elements of bankability, I don’t think there is anything wrong about it.
“The Finance Minister has done extremely well and I think that so far he has been one of the best Finance Ministers we have seen in the Fourth Republic.”
By Laud Nartey|3news.com|Ghana