Amin Adam: To undermine the NPP, the finance minister inflates spending by GH¢49.2 billion.

The Finance Minister is accused by Dr. Mohammed Amin Adam, a former Finance Minister and current Ranking Member of Parliament’s Finance Committee, of exaggerating spending figures in the 2025 Budget Statement by GH¢49.2 billion.
Dr. Adam claims that the purpose of this action was to purposefully mislead the former New Patriotic Party (NPP) administration’s financial management.

Speaking at a press conference held by the Minority Caucus on Thursday, March 13, he challenged the credibility of the figures presented by Finance Minister Dr Cassiel Ato Forson.
He maintained that the budget figures indicated an inflated fiscal deficit of 7.6% of GDP and a primary deficit of 3.6% of GDP, despite the NPP government’s good revenue performance and careful expenditure management.

“The kind of elevated fiscal outturns the Minister announced are not possible in an economy with such strong revenue performance and expenditure management, as we have seen from the data in the budget,” he said.
Dr. Adam went on to accuse the government of fabricating allegations in order to harm the standing of the former government.

In an attempt to damage the NPP administration’s reputation, he claimed, “they have erroneously churned out wrong data by including GH¢49.2 billion in expenditure claims without any basis.”
He emphasised that these kinds of distortions call into doubt the reliability of the nation’s fiscal metrics.

The former Finance Minister asked Ghanaians to carefully examine the data provided and challenged the government to give explicit explanations for the expenditure claims.
Any attempt to falsify statistics for political purposes, he cautioned, would have long-term effects on investor trust and Ghana’s economic prospects.