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Dr. Amin Adam Accuses Ato Forson of Manipulating Budget Data to Discredit NPP
Former Finance Minister, Dr. Mohammed Amin Adam, has strongly criticized the 2025 Budget Statement and Economic Policy, calling it a misleading document aimed at tarnishing the reputation of the New Patriotic Party (NPP).
Speaking at a press conference on Thursday, March 13, Dr. Amin Adam accused the current Finance Minister, Dr. Cassiel Ato Forson, of presenting inaccurate figures to create a negative perception of the previous NPP administration.
His reaction comes just two days after Dr. Ato Forson presented the 2025 Budget Statement to Parliament on Tuesday, March 11. In his budget presentation, Dr. Ato Forson blamed the NPP government for poor economic management, excessive borrowing, and a worsening debt crisis.
However, Dr. Amin Adam rejected these claims, arguing that the figures were manipulated to support 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 narrative by putting data to unfounded claims, and our intelligence has been confirmed that the Finance Minister did a hatchet job,” he stated.
He further challenged the fiscal deficit and primary deficit figures presented in the budget, saying they were misleading.
“The government churned out a fiscal deficit on a commitment basis of 7.6 percent of GDP and a primary deficit of 3.6 percent of GDP, and this will imply that the NPP mismanaged the fiscals,” he argued.
Dr. Amin Adam also pointed out contradictions in the budget, stating that the data did not support the claim of a deteriorating economy.
“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,” he emphasized.
The debate over the accuracy of the 2025 budget figures is expected to continue, with both parties standing firm on their positions.