Dr. Mohammed Amin Adam, former finance minister and ranking member of parliament’s finance committee, stated that the New Patriotic Party (NPP) administration left behind a stable economy before handing over power to the National Democratic Congress (NDC) government.
Despite efforts by the new administration to imply otherwise, he insisted that important economic statistics indicated the economy was doing well.
Dr. Amin Adam charged Finance Minister Dr. Cassiel Ato Forson with falsifying fiscal data to present a bad economic picture during a press conference for the Minority Caucus on Thursday, March 13.
“Ladies and gentlemen, as you know, the manipulation of the fiscal data notwithstanding, the strong health of the economy the NPP handed to the new NDC government continues to be vindicated by other economic indicators,” he stated.
He pointed to Ghana’s debt-to-GDP ratio, which was 61.8% at the end of 2024, as a crucial indicator of the country’s economic health. He said that the previous government’s implementation of a sound debt strategy and skillful negotiations were responsible for this accomplishment.
He chastised Dr. Forson for neglecting to mention this achievement in his budget address.
“The Hon. Minister could not even acknowledge this important development by the imminent absence of this ratio in his budget speech. Sad!” Dr Amin Adam remarked.
Source: Mybrytfmonline.com/Joseph Asare
