Minister of Finance, Dr. Cassiel Ato Forson, has sharply criticised former Finance Minister Dr. Mohammed Amin Adam and the opposition New Patriotic Party (NPP) for attempting to downplay the economic progress made under his leadership.
Speaking on TV3 on Thursday, November 14, 2025, Dr. Ato Forson questioned why his predecessor failed to achieve the same results if he believed economic recovery was so straightforward.
“I’ve heard the NPP say this, but if it was that simple, why didn’t they do it? If the economy could rebound that fast under their regime, why didn’t they make it happen?” he argued.
He noted that both he and Dr. Amin Adam spent almost equal periods—about 10 months—heading the Finance Ministry, yet their records differ significantly.
“His record speaks for itself, and my record speaks for itself. He was at the ministry from February to January, and I’ve been here from February to November. If anything, he even stayed longer,” he emphasised.
‘NPP Created the Economic Mess’
Dr. Ato Forson accused the NPP administration of creating the economic crisis that the John Dramani Mahama government is currently working to resolve.
“The NPP were the same people who drove this country into the mess we are seeing today. We had to sacrifice to turn the tide,” he stated.
Mahama’s Backing Key to Economic Turnaround
The Finance Minister credited the recent improvements in the economy to disciplined policy implementation and strong coordination between fiscal and monetary authorities. He stressed that President Mahama’s support has been instrumental.
“What we have achieved is largely because of discipline, prudent policies, and coordination. And most importantly, the backing of President Mahama,” he said.
He added that the President’s confidence in the reforms introduced at the Finance Ministry has made it possible to implement “very deep-seated changes” needed to stabilise the economy.
Minority Expected a Stronger Cedi
Meanwhile, the Minority in Parliament says it had anticipated the cedi trading at GH¢8 to $1 by now, given what they describe as aggressive interventions by the Bank of Ghana.
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