The Minister of State in charge of Government Communications, Felix Kwakye Ofosu, has revealed that the 12-member Presidential Advisory Group on the Economy will not receive any salary.
Kwakye Ofosu explained that the members are distinguished professionals who are already engaged.
Speaking on the Joy Super Morning Show, Kwakye Ofosu explained, “As we speak, I am not certain about any remuneration. They are not permanent employees”.
“Many of these people are already engaged in other activities. Some people are lecturing at universities and are already on the public payroll, so I am not aware of any additional remuneration for them.”
“What is certain is that they will keep a close eye on the economy and ensure that the policies being implemented benefit the generality of our people,” Mr Kwakye Ofosu said.
He added, “They are not in here to make a quick buck,” Mr Kwakye Ofosu stressed. “They have been called upon to put their expertise at the disposal of the nation because we require a firm hand in the way our economy is managed.”
His comments follow the John Mahama-led government’s announcement of a 12-member Presidential Advisory Group on the Economy.
The 12-member group brings together seasoned experts from academia, public service, and the private sector.
They are to offer guidance on macroeconomic management, fiscal consolidation, and debt sustainability.
A statement from the Presidency Communication signed by spokesperson to the President Felix Kwakye Ofosu read, “In furtherance of the Government’s commitment to restoring macroeconomic stability, strengthening fiscal sustainability, and accelerating inclusive and job-rich economic growth, anchored on the implementation of the 24-Hour Economy, the Accelerated Export Development Programme, and the broader Reset Agenda, His Excellency John Dramani Mahama, President of the Republic of Ghana, has constituted a Presidential Advisory Group on the Economy (PAGE).
The establishment of PAGE reflects the President’s resolve to draw on deep national and international expertise to support sound economic governance, strategic policy coordination, and evidence-based decision-making to navigate current economic challenges and position Ghana for sustained growth and resilience.
The members include,
The Presidential Advisory Group on the Economy shall be chaired by His Excellency the President and shall comprise the following distinguished individuals drawn from academia, public service, and the private sector:
H.E. Prof. Jane Naana Opoku-Agyemang — Vice President
Mr. Ishmael Yamson — Private Sector Leader; former member of PAGE
Mr. Kwame Pianim — Economist and Private Sector Leader; former member of PAGE
Ms. Nana Oye Mansah Yeboaa — Former Deputy Minister of Finance and Deputy Minister for Trade and Industry; former member of PAGE
Dr. Kwabena Duffuor — Economist, former Governor of the Bank of Ghana
Sir Samuel Esson Jonah — Private Sector Leader and Industrialist
Mr. Ato Brown — Former World Bank Infrastructure Specialist; Agribusiness Investor
Dr. Henry A. Kofi Wampah — Former Governor of the Bank of Ghana
Togbe Afede XIV — Economist and Private Sector Leader
Ms. Abena Amoah — Chief Executive Officer, Ghana Stock Exchange
Prof. Priscilla Twumasi Baffour — University Professor and Academic Researcher
Prof. Patience Aseweh Abor, Ph.D. — University Professor and Academic Researcher”, the statement concluded.