Thursday, March 13, 2025

Economy not on the right path under previous gov’t

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Dr. Ato Forson, Finance minister Dr. Ato Forson, Finance minister

Finance minister Dr. Cassiel Ato Forson has blamed the previous Akufo-Addo administration for failing to present an accurate picture of Ghana’s economic situation, arguing that this misrepresentation led to misplaced expectations among citizens.

Speaking on The Point of View with Bernard Avle on Channel One TV, Dr. Forson expressed disappointment in the state of the economy inherited by the current government.

“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 said.

According to him, the economic difficulties facing the country are a direct result of policies that did not adequately reflect the challenges at hand.

He suggested that the previous administration’s approach gave a misleading impression of progress, despite underlying structural weaknesses.

“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,” Dr. Forson added.

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