
Audio By Carbonatix
Dr. Stephen Amoah, former Deputy Minister of Finance, has raised concerns over the accuracy of President John Dramani Mahama's recent State of the Nation Address (SONA), delivered on Thursday.
Speaking on JoyNews' Newsfile on Saturday, March 1 with Samson Lardy, Dr. Amoah criticised the address, stating that it did not reflect the true state of Ghana's economy.
"What he gave was not the true state of the economy. The true state of the economy cannot be described by just the energy sector component, in terms of nominal debts—this is not true," he said.
"You can ask any professor in the world," he added.
Dr. Amoah, who served as Deputy Finance Minister during the previous administration, expressed doubt over the economic claims made by President Mahama. He argued that the address presented an overly optimistic view of the nation's economic situation, which, in his view, did not align with the realities on the ground.
"The President only mentioned inflation, which is around 23%, but he left out 15.4%. Why did he do that? He couldn’t have just picked one area and claimed the entire economy is in a good state," he said.
President Mahama in the SONA presentation in parliament expressed a deep concern over the state of the nation, stating that Ghana’s economy is in crisis and citizens are experiencing severe hardships.
He insisted that urgent measures were needed to address the economic downturn.
“The state of our nation is not good. Our economy is in crisis and our people are suffering,” President Mahama stated.
Latest Stories
-
NASPAA urges national service personnel to join two-day flood cleanup exercise
6 minutes -
Don’t turn digital finance into a tax trap – Prof Bokpin cautions government
20 minutes -
Today’s Front pages: Thursday, July 9, 2026
25 minutes -
75 Bank staff dismissed as fraud cases surge 48% – Bank of Ghana report
48 minutes -
Ibrahim Mahama to pay hospital bills of Ghana’s tallest man battling gigantism
1 hour -
Eastern Corridor Road to undergo full asphalt reconstruction, not patch repairs – Roads Minister
1 hour -
Absa Bank empowers Persons with Disabilities through financial literacy programme
2 hours -
Joyce Bawah Mogtari calls for collective responsibility to tackle flooding and waste management challenges
2 hours -
Agbodza warns contractors against using weather as excuse for road project delays
2 hours -
Ghana Reference Rate rises to 10.59% in July, signalling possible increase in lending rates
2 hours -
Asiedu Nketia urges Africa to move beyond raw material exports through industrialisation
2 hours -
Contractor delaying Weija Paediatric Hospital handover, not government – Health Minister
2 hours -
Auditor-General has recovered nearly GH¢12bn in disallowed expenditure in 2024 – PAC Chair
2 hours -
Roads Minister urges contractors to adopt on-site design reviews to avoid project delays
2 hours -
Agbodza criticises highways officials over failure to report delayed road projects
3 hours