Dr. Mohammed Amin Adam, former Minister for Finance and current Ranking Member of Parliament’s Finance Committee has leveled serious accusations against Finance Minister Dr. Cassiel Ato Forson.
In a press conference held by the Minority Caucus on Thursday, March 13, 2025, Dr. Amin Adam, claimed that the 2025 Budget Statement included inflated expenditure figures amounting to GH¢49.2 billion, which according to him, was deliberately intended to misrepresent the financial management of the previous New Patriotic Party (NPP) administration.
Dr. Adam expressed concern about the credibility of the fiscal data presented.
“An economy with such strong revenue performance and expenditure management as we have seen from the data in the budget cannot produce the kind of elevated fiscal outturns”.
He further alleged that the government had manufactured false claims to tarnish the reputation of the NPP administration.
“They have erroneously churned out wrong data in a bid to tarnish the image of the NPP administration by including GH¢49.2 billion in expenditure claims without any basis”.
The former Finance Minister also warned of the potential long-term consequences of such actions, emphasizing, “any attempt to manipulate data for political gain would have long-term consequences on investor confidence and Ghana’s economic outlook.”
Dr. Adam called on the government to provide clear justifications for the expenditure claims and urged Ghanaians to scrutinize the figures presented in the budget.
The Minority Caucus has vowed to hold the government accountable for what they describe as a deliberate distortion of fiscal data.
