Ato Forson: Ghana’s Economy Was Worse Than Akufo-Addo Claimed
Finance Minister says Ghanaians were misled about the true state of the economy
- Former administration failed to disclose the full extent of Ghana’s financial challenges
- Economic policies did not reflect real progress despite claims of recovery
- Calls for greater transparency and honest discussions on the country's finances
Finance Minister Dr. Cassiel Ato Forson has accused the former Akufo-Addo administration of concealing the true state of Ghana’s economy, creating false hopes among citizens.
In a March 12 interview, a day after presenting the 2025 Budget, Dr. Forson revealed that the real economic situation only became evident after the Mahama-led government assumed office.
He criticized the previous government for lacking transparency about Ghana’s financial struggles, which he believes prevented citizens from fully understanding the depth of the crisis.
“We thought things were improving, only to realize the true scale of the problem once we took over. I have always maintained that the previous government failed to present the actual state of the economy,” he asserted.
Dr. Forson further argued that despite claims of economic recovery, the policies implemented did not reflect real progress.
“If you examine the policies and economic transmissions, they don’t align with an economy that has turned the corner. We were not getting the right measures to steer us out of the crisis,” he noted.
He called for greater transparency in governance, emphasizing the need for honest discussions about Ghana’s financial health to ensure sustainable economic solutions.
