Finance Minister Dr. Cassiel Ato Forson has accused the previous Akufo-Addo administration of misrepresenting the true state of Ghana’s economy, leading to unrealistic expectations among citizens.
Speaking on The Point of View with Bernard Avle on Channel One TV on Wednesday, March 12, a day after presenting the 2025 Budget, Dr. Forson stated that the real economic situation only became clear after the Mahama-led government took office.
According to him, the former administration failed to be transparent about the country’s financial challenges, making it difficult for Ghanaians to grasp the full extent of the economic crisis.
“We felt that at a point things were improving, only for us to get in and notice the magnitude. But I had always maintained that the government of the day at the time had failed to paint the true state of the economy,” he asserted.
Dr. Forson further argued that despite claims of economic recovery under the previous administration, the policies in place did not align with the realities on the ground.
“If you look at the transmissions, some of the economic policies, it doesn’t reflect an economy that has turned the corner. We were not getting the right prescriptions to take us out,” he noted.
The Finance Minister also criticized the political establishment for failing to fully disclose the extent of Ghana’s economic troubles.
He stressed the need for greater transparency in governance and called for an honest dialogue on the country’s financial situation to pave the way for sustainable solutions.
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