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Get Real & Stop Using The Bible-Steve Hanke Tells Ofori-Atta Over His Management of Ghana’s Economy

Ken Ofori-Atta, Ghana’s finance minister, has been admonished by a Johns Hopkins professor, Steve Habne to manage the local economy realistically and stop using the Bible as his manual guide as far as the management of the economy is concerned.

In a tweet, he said, “Ghana’s Finance Minister Ofori-Atta justified defaulting on debt by quoting the Bible: “nothing will be lost, nothing will be missing.” The Bible is a poor guide for macroeconomics. It’s time for Ofori-Atta to stop bamboozling Ghanaians and get real.”

This comes after Mr Ofori-Atta recently announced the suspension of payment on some external debts, including the nation’s Eurobonds. This is a temporary emergency measure, according to Mr. Ofori-Atta, to revive the faltering national economy.

“This suspension will not include the payments of our multilateral debt, new debts (whether multilateral or otherwise) contracted after 19th December 2022 or debts related to certain short-term trade facilities,” a statement issued on Monday, December 19 said.

Tru News Report


Gabby Nash, popularly known as Gabs, is an incredibly talented writer and blogger. With an extensive career spanning over 15 years in journalism, Gabs has established a reputation for excellence that is truly remarkable. Throughout the years, he has contributed numerous thought-provoking articles and blog posts to various prominent Ghanaian websites and blogs. In the late 90s, he began his writing journey with Graphic Showbiz, Junior Graphic, and The Mirror, which is a subsidiary of Graphic Communication Group Limited. His articles have consistently showcased a deep level of insight and wisdom.

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