Former Finance Minister Dr. Mohammed Amin Adam has harshly criticized the 2025 Budget Statement and Economic Policy, describing it as a fraudulent document designed to harm the New Patriotic Party’s (NPP) reputation.
During a news conference on Thursday, March 13, Dr. Amin Adam said that the numbers provided by Dr. Cassiel Ato Forson, the current finance minister, were inaccurate and purposefully designed to cast the NPP government in a negative light.
Two days prior to his departure, Finance Minister Ato Forson delivered the 2025 Budget Statement to Parliament on Tuesday, March 11, criticizing the NPP government’s economic performance.
At Forson asserts that the previous administration’s economic management was subpar, marked by excessive borrowing, fiscal mismanagement, and a deepening debt problem.
Dr. Amin Adam, however, vehemently denied these allegations, maintaining that the budget’s numbers were falsified to support an untrue story of NPP fiscal mismanagement.
“The 2025 budget was a hatchet job going to be the vehicle for confirming what had been perfectly rehearsed to crown the narrate by putting data to unfounded claims and our intelligence has been confirmed that the Finance Minister did a hatchet job. The government churned out fiscal deficit on commitment basis of 7.6 percent of GDP and primary deficit of 3.6 percent of GDP and this will imply that the NPP mismanaged the fiscals
“In fact an economy with such strong revenue performance and expenditure controls as we have seen from the data that the Minister presented, cannot produce the kind of elevated fiscal outturns the Minister announced, we see a lot of contradictions.”
Source:Mybrytfmonline.com/Joseph Asare
