Audio By Carbonatix
Deputy Ranking Member of the Finance Committee, Dr Gideon Boako, has stated that the 2025 Budget presentation proves that the economy inherited by the current government was not in a “sick state” as previously claimed.
He pointed out that despite assertions by the NDC that the economy was in a coma, it recorded 5.7% growth, adding that "never in the history of this country has any government left with such figures."
Read also: Finance Minister concedes significant GDP growth, improved debt to GDP ratio under NPP government
"What actually happened today is a vindication of the fact that the government that this administration inherited did not leave the economy in a sick state. As of today, the Finance Minister has been forced to speak to the data by suggesting that the economy grew by 5.7%," Dr Boako said in an interview on Joy FM's Top Story on March 11.
On the issue of the national debt, Dr Boako criticised the Finance Minister, Dr. Cassiel Ato Forson, for presenting what he says were figures that the Minister later admitted were yet to be audited.
"Did you hear the Finance Minister, after mentioning all these debts, come to say that they are yet to audit those figures? How can the Finance Minister of a country like Ghana go to Parliament to present figures that are not audited, that cannot be found within the government system of this country? This is scandalous. It doesn't happen anywhere," he argued.
The Tano MP also questioned why the Finance Minister avoided stating the debt-to-GDP ratio, suggesting it would contradict the government’s narrative.
"When it came to the overall gross public debt, you realize that he couldn’t add all of this to the debt stock but rather mentioned the figure recorded by the Bank of Ghana and the IMF in December 2024. That is why he smartly never mentioned the debt-to-GDP ratio—because he realised that it defeats the lies he was trying to put across," he explained.
He acknowledged that the previous government left behind some debt but insisted that it was a normal occurrence in governance.
Latest Stories
-
Photos: Interior Minister commissions Ghana Fire Code Committee to draft new fire safety regulations
17 seconds -
At least one dead and multiple injured in Philippines school shooting
2 minutes -
Swimmer killed in shark attack off Australian west coast
3 minutes -
Five missing women feared dead after images and videos found in Philadelphia home
5 minutes -
Explainer: Can Ghana’s new oil deals reverse years of declining production?
9 minutes -
Several options being considered by government to cushion consumers against fuel price hikes – NPA Boss
14 minutes -
Lifestyle, regular check-ups can help reduce prostate cancer risk, doctor advises
15 minutes -
Police intercept canoe with 2,213 slabs of suspected Indian hemp on River Volta
15 minutes -
GPL 2026/27: Hearts of Oak to extend winning run against Bechem – Coach Kapor
17 minutes -
British woman rescued in Malawi shootout that left four suspected kidnappers dead
18 minutes -
Carlos Queiroz to arrive in Ghana for Black Stars contract extension
24 minutes -
I have always disavowed politics of insults, but free speech must be protected – Bawumia
25 minutes -
Jeneral Ntatia, Mabel Okyere shine as Cecilia Marfo is honoured at 7th Ghana Arts and Entertainment Awards
27 minutes -
The Inconvenient Truth: The most powerful person in your boardroom may not be the chair or the chief executive — it may be the person who controls the minutes
33 minutes -
Ghana TVET appoints Ishmael Kodzokpo as Chairman for Anfoeta Technical Institute
34 minutes