Audio By Carbonatix
The Minority in Parliament has strongly criticised the 2025 Budget Statement presented by Finance Minister Dr Cassiel Ato Forson on Tuesday, March 11, describing it as lacking credibility.
According to the group, discrepancies between the Minister’s verbal presentation and the actual budget documents, including its appendices, cast doubt on the accuracy of the figures provided.
Speaking at a press conference on Thursday, March 13, Dr Mohammed Amin Adam, former Finance Minister and Ranking Member of Parliament’s Finance Committee, led the Minority’s attack on the budget’s credibility.
He argued that the figures cited by Dr Forson in Parliament did not align with those in the official documents, raising concerns about transparency and accountability in the government’s fiscal planning.
Supporting this claim, former Minister of State at the Finance Ministry, Abena Osei-Asare, criticised Dr Forson for allegedly presenting inconsistent data.
She maintained that the contradictions in the budget figures undermine public confidence in the government’s economic policies and cast doubt on the accuracy of Ghana’s financial projections.
The Minority Caucus has therefore called on the government to clarify these inconsistencies, insisting that the 2025 budget should reflect the true state of the economy.
They warned that failure to ensure transparency in financial reporting could have serious implications for investor confidence and Ghana’s economic recovery efforts.
"As I have always said, the real details of any budget is in the appendixes and as the Finance Minister said that he is going to grow revenue by 17.2% of tax to GDP ratio but when you come into the appendixes and it is 16.1%. Clearly, there is a credibility issue with our budget."
Latest Stories
-
Domestic Gold Purchasing Programme helped Ghana’s economy during difficult period – IMF
2 minutes -
Ike City Group of Companies touches hearts at Dzorwulu Special School with compasionate donation
19 minutes -
Vehicle exhaust pipes on the left create about 40% more pollution on the road than those on the right – Study
29 minutes -
My Response to Dr Bryan Acheampong: Facts must prevail
36 minutes -
U.S. and Ghana Armed Forces strengthen medical readiness at SETAF-AF Best Medic Competition
1 hour -
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
2 hours -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
2 hours -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
2 hours -
EC sets March 3 for Ayawaso East by-election
2 hours -
Call for Applications: WikkiTimes launches Anas Aremeyaw Anas AI fellowship
3 hours -
GPL 2025/26: Dreams hold Hearts as Phobians record 8th draw
3 hours -
If you attempt to bribe a police officer now, he will disgrace you; he wants a promotion – IGP Yohuno
3 hours -
Kwabena Adu Koranteng: KGL: Ghana’s most transparent, accountable indigenous corporate brand
3 hours -
This Saturday on Newsfile: NPP presidential primaries, Ofori-Atta, Sedina detention and LGBTQ-tainted manual
3 hours -
BoG to deepen media engagement and reward quality economic reporting – Governor
3 hours
