Former Finance Minister, Dr. Mohammed Amin Adam, has fiercely criticised the 2025 Budget Statement and Economic Policy, describing it as a misleading document designed to tarnish the record of the New Patriotic Party (NPP).
Speaking at a press conference on Thursday, March 13, Dr. Amin Adam argued that the figures presented by the current Finance Minister, Dr. Cassiel Ato Forson, were erroneous and deliberately framed to paint the NPP government in a bad light.
His remarks come just two days after Finance Minister Ato Forson presented the 2025 Budget Statement to Parliament on Tuesday, March 11, in which he criticized the economic performance of the NPP government before leaving office.
According to At Forson, the previous administration’s handling of the economy was poor, characterized by fiscal mismanagement, excessive borrowing, and a worsening debt crisis.
However, Dr. Amin Adam strongly refuted these claims, insisting that the figures in the budget were manipulated to create a false narrative of economic mismanagement under the NPP.
“The 2025 budget was a hatchet job going to be the vehicle for confirming what had been perfectly rehearsed to crown the narrate by putting data to unfounded claims and our intelligence has been confirmed that the Finance Minister did a hatchet job. The government churned out fiscal deficit on commitment basis of 7.6 percent of GDP and primary deficit of 3.6 percent of GDP and this will imply that the NPP mismanaged the fiscals
“In fact an economy with such strong revenue performance and expenditure controls as we have seen from the data that the Minister presented, cannot produce the kind of elevated fiscal outturns the Minister announced, we see a lot of contradictions.”
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