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BY: Yaw K. Dei
705
The role of a Minister for Finance requires someone with an appreciation of economics as well as the practical understanding of how an economy works, a deep understanding of financial markets and public finance; and for a developing country like Ghana, someone with market credibility at both the domestic and international levels. These create the respect and trust necessary for the Minister to work with relevant stakeholders on Ghana’s development agenda. One must also be mindful of the fact that a Finance Minister must be able to protect the public purse against pressures that come with profligate spending, sometimes even to the annoyance of his own government.