The Deputy Finance Minister of Ghana plays a crucial role in the Ministry of Finance and Economic Planning (MOFEP), contributing to the formulation and implementation of economic policies. One notable individual who has recently been appointed to this position is Thomas Nyarko Ampem.
Thomas Nyarko Ampem: Background and Education
Thomas Nyarko Ampem was born on 14th February 1978 and hails from Anum in the Eastern Region of Ghana. He obtained an MSc in Finance in 2010 from Virginia Commonwealth University in the United States. In 1998, Ampem attained a 3-Year Teacher’s Certificate at Peki Training College and became a subject teacher at the Akosombo VRA Junior Secondary School No.1 from 1998 to 2001 and subsequently a substitute teacher at the Fairfax County Public Schools, Virginia, United States from 2006 to 2008.
Early Career and Political Involvement
Ampem is a member of the National Democratic Congress (NDC). He is a Ghanaian Legislator and currently a Member of Parliament for Asuogyaman Constituency. He represents the interest and concerns of his constituents in Parliament and supports in proposing, debating and voting on new laws.
Between September 2013 to January 2017, he served as the District Chief Executive of Asuogyaman with his duties being the representative of the President of the District and Chairman of the District Security Council and Executive Committee. From April 2012 to September 2013, Ampem worked as a Director of Finance for the Inter-Ministerial Coordinating Committee (IMCC) on Decentralisation Secretariat of the Office of the President. He administered and monitored the financial system of the Committee to ensure that the Secretariat’s finances were maintained in an accurate and timely manner.
He also oversaw the management and co-ordination of all fiscal reporting activities within the Secretariat, including revenues and expenses and monitoring the banking activities. He administered employees’ files and records to ensure the payments of payroll, allowances, and benefits in an accurate and timely manner.
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Parliamentary Roles
He served as a Chairman of the Budget Committee in Parliament in the Eighth Parliament of the Fourth Republic that oversaw and scrutinized government spending. He also was a member of the Finance Committee from 2020 to 2024.
Thomas Nyarko Ampem
Responsibilities in the Ministry of Finance
On 5 February 2025, Thomas Nyarko Ampem was named as Deputy Finance Minister by President Mahama. He was sworn in at Jubilee House on 12 March 2025, along with 13 other new deputy ministers.
The specific responsibilities of the Deputy Finance Minister can include:
- Assisting the Minister of Finance in formulating and implementing economic policies.
- Overseeing specific departments or agencies within the Ministry.
- Representing the Ministry in various forums and negotiations.
- Managing and coordinating fiscal reporting activities.
These responsibilities are critical for maintaining the country's financial stability and promoting economic growth.
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Note: This article needs to be updated to reflect recent events or newly available information.
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