Former finance minister, Dr. Amin Adam
Former finance minister Dr Amin Adam has explained that the previous government did not intentionally inflict pain on the people of Ghana.
He was answering questions on the ballooning debts of the country that forced the government to do a restructuring when he made this known.
Dr Amin Adam said, “There is no government that will deliberately inflict pain on its people, especially in a democracy where the same government will want to retain power and continue to implement its programs.”.
He argued that some of the challenges Ghana is faced with were not caused internally but rather owed to some external factors.
To him, Ghana has done well with its recovery from the external shocks comparatively.
“Some of these challenges we are faced with some of them are attributed to external factors, and you have travelled around the world, you have participated in IMF programs and world Bank programs, you have read their documents, and even in the United States of America and even in Britain, their economies haven’t recovered as much as we have recovered because they are still affected by the same external factors that we were conflicted with,” he explained.
Adding that, “You’ll notice that at the time we had COVID, our president was very clear that we needed to do everything to protect human lives because you cannot bring lives back but you can bring the economy back. So we had to take very difficult decisions, including borrowing, and don’t forget that every government borrows,” he said on Accra-based Joy News.
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