Finance Minister Dr Cassiel Ato Forson has accused the former Akufo-Addo administration of misleading Ghanaians about the true state of the economy, resulting in unrealistic expectations among the public.
He asserted that the financial challenges inherited by the Mahama-led government were far worse than initially portrayed.
Speaking on Channel One TV on Wednesday, 12 March, a day after presenting the 2025 Budget, Dr Forson explained that the previous government had not been transparent about Ghana’s economic difficulties.
He noted that upon assuming office, the full extent of the crisis became evident, contradicting claims of economic stability made by the former administration.
“We believed that the economy was showing signs of improvement, only to assume office and discover the true magnitude of the problem,” Dr Forson stated.
“I have always maintained that the government at the time failed to provide an accurate picture of the economy’s real condition.”
He further argued that economic policies implemented under the former administration did not reflect genuine recovery, making it difficult for the country to navigate its financial challenges.
The Finance Minister also criticised the political establishment for failing to fully disclose the extent of Ghana’s financial troubles.
He called for a more transparent approach to governance, stressing the importance of honest discussions on the nation’s economic challenges.
According to him, only through openness and well-structured policies can Ghana find sustainable solutions to its financial crisis.
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