
Audio By Carbonatix
Finance Minister Dr Cassiel Ato Forson has taken a swipe at the previous New Patriotic Party (NPP) administration, accusing it of reckless and unsustainable spending during its time in office.
In an interview with Joy News on Thursday, 24 July, shortly after presenting the 2025 Mid-Year Budget Review to Parliament, Dr Forson stated that the current government had inherited a legacy of excessive expenditure unsupported by corresponding revenue.
He defended the Mahama-led administration’s cautious fiscal approach, emphasising its foundation in financial discipline and long-term sustainability.
“The NPP used to spend what they didn’t have. They didn’t have revenue, but they were just spending. So they expect us to spend. They were living large. I mean, they were living a champagne lifestyle on akpeteshie budget,” he remarked.
Dr Forson added that the present government would not be swayed by such habits.
“If you live such a lifestyle and someone comes in and becomes very prudent, you will be worried. That is why they are complaining — they want us to spend as if there’s no tomorrow.
"We don’t do that. That is not our training. You spend within your means; what we have is what we’re spending, and we’re spending rightly,” he stressed.
Latest Stories
-
The first five minutes: Why every Ghanaian should know basic life support- Lessons from recent tragedies
48 seconds -
World Diplomatic Organization moves to assert its status as the only globally acclaimed diplomatic institution
6 minutes -
Carlos Quieroz leaves Black Stars head coach role after World Cup exit
43 minutes -
Carlos Queiroz leaves Ghana job, calls for stronger off-field structures for Black Stars
46 minutes -
Number of jobs advertised falls in quarter one 2026 – BoG
54 minutes -
Ghana Tourism Authority to launch ‘clean the beach’ campaign
54 minutes -
Passenger arrivals at airport declined marginally in quarter one 2026
1 hour -
Consumer spending records mixed performance in quarter one 2026, cement sales declined by 10.7%
1 hour -
Police investigates viral video of alleged misconduct involving officer in Ashanti North
2 hours -
T-bills auction: Government records 23% oversubscription, but interest rates continue to rise
2 hours -
A lifetime of excellence: Dr. Williams Kwasi Peprah attains rank of full professor at Andrews University
2 hours -
Education Minister warns university councils against interfering in management
2 hours -
USA striker Balogun’s one-game ban suspended by Fifa
2 hours -
Fashion designer found dead, half-naked at Trom Dominion City in Koforidua
3 hours -
Zoomlion wins two HESS Awards for excellence in waste management and innovation
3 hours