A Development Economist at the University of Ghana, George Domfe, has argued that Dr. Cassiel Ato Forson does not need a PhD in economics to succeed as Ghana’s Finance Minister.
In an interview on Adom FM’s morning show Dwaso Nsem, Dr. Domfe said Ato Forson’s competence is proven through his extensive work in Parliament, particularly in matters of public finance, and his prior role as deputy finance minister.
Despite some criticisms from sections of the public regarding Ato Forson’s academic credentials, Dr. Domfe stated that the Finance Minister-designate’s qualifications are more than sufficient.
“Dr. Forson is more than qualified to be nominated as the new Finance Minister and doesn’t need a PhD in Economics to become successful,” he said.
He pointed out that Ato Forson has accumulated significant experience, especially as a five-term lawmaker, and has a solid understanding of economics, accounting, and finance.
Dr. Domfe also addressed concerns about Ato Forson’s academic background, noting that while some have criticized his PhD in Business and Management rather than in Finance, it should not undermine his expertise.
“Ghanaians like titles too much, but that’s not what makes someone competent in their role,” Dr. Domfe explained.
He cited the example of Kwame Mpiani, who, despite lacking a PhD in economics, demonstrated considerable competence in economic matters.
Also, Dr. Domfe praised Ato Forson’s strong interpersonal skills, stressing that being a successful minister isn’t just about academic credentials but also about building respectful relationships.
“To be a successful minister, it’s not necessarily about your academic books; it’s about respect and human relations,” he noted.
While acknowledging that Ato Forson’s PhD is listed as in Business and Management, Dr. Domfe suggested the Presidency should verify this detail, as there is some confusion about the exact nature of his doctoral studies at KNUST.
He urged the government to correct any errors to prevent further confusion.
The Economist concluded by praising the nomination of Ato Forson and his potential to help turn the economy around.
“President Mahama made a good choice for Ghana,”
ALSO READ: