13th March 2025 2:22:02 PM
2 mins readThe Minority in Parliament has defended the economic record of the previous New Patriotic Party (NPP) government, insisting that key indicators prove they left behind a strong and stable economy before handing over to the National Democratic Congress (NDC) administration.
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Addressing a press conference on Thursday, March 13, former Finance Minister and Ranking Member of Parliament’s Finance Committee, Dr. Mohammed Amin Adam, accused Finance Minister Dr. Cassiel Ato Forson of distorting fiscal data to create a false impression of economic mismanagement under the previous government.
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“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.
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Dr. Amin Adam pointed to Ghana’s Debt-to-GDP ratio, which stood at 61.8% at the end of 2024, as proof of prudent economic management. He attributed this achievement to “skilled negotiations and the implementation of a good debt strategy” by the previous administration, criticizing Dr. Forson for omitting this in his budget speech.
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“The Hon. Minister could not even acknowledge this important development by the imminent absence of this ratio in his budget speech. Sad!” he remarked.
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He further argued that the NPP's economic policies had positioned Ghana for long-term growth, dismissing claims that the previous administration left the economy in distress.
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Concluding his remarks, Dr. Amin Adam expressed confidence that history would recognize the achievements of the Akufo-Addo government.
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“Whether we like it or not, it is historic, and history indeed will be kind to the Nana Akufo-Addo government,” he declared, urging the current administration to build upon the solid foundation laid by its predecessor.
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