The former Minister for Finance and current Ranking Member of Parliament’s Finance Committee, Dr Mohammed Amin Adam, has challenged Finance Minister Dr Cassiel Ato Forson’s assertion that Ghana’s economic growth in 2024 was primarily driven by the mining sector.
According to Dr Amin, the surge in growth was instead a result of digitalisation and economic reforms initiated under the previous administration.
Addressing a press conference on behalf of the Minority Caucus on Thursday, 13th March, Dr Amin dismissed Dr Forson’s claims, stating,
“The 2024 economic growth was not largely due to mining as the Finance Minister wants Ghanaians to believe. Rather, it was the result of our strategic investments in digitalisation, which enhanced efficiency, broadened the tax net, and boosted economic activities.”
He further argued that the digital transformation agenda under the previous government had strengthened key sectors such as banking, trade, and public service delivery, contributing significantly to economic expansion.
“The gains we made were due to policies that modernised revenue collection and enhanced financial transactions. These reforms provided the backbone for sustainable growth,” Dr Amin added.
The Ranking Member urged the government to acknowledge the real drivers of growth and build on the progress achieved through digitalisation.
He called for continued investment in technology-driven economic policies, warning that misrepresenting the true causes of economic progress could lead to misplaced priorities in policymaking.
Latest Stories
-
World’s top sugar maker shuts large Brazil plant to cut debt
48 minutes -
‘Empty promises, failing policies’ – Dr Amin Adam blasts NDC’s ‘fanciful governance’
59 minutes -
Dr Mohammed Amin Adam: NPP must re-group quickly as NDC policies fail
1 hour -
NPP must re-group fast as NDC’s economic promises crumble – Dr Amin Adam fires
2 hours -
Cocobod warns of production drop amid heavy rains
2 hours -
Shippers’ Authority drags shipping lines before BoG over exchange rate abuse
2 hours -
Shippers’ Authority blocks arbitrary fee hikes with new regulatory powers
5 hours -
Cedi to remain broadly stable in coming months; gained 30% against dollar since January 1
5 hours -
Mahama declares galamsey a national emergency, orders arrest of rogue taskforces
5 hours -
Ghana champions youth skills with national dialogue and launch of TVET Week 2025
5 hours -
Ghana’s inflation to remain on a downward trajectory in second-half 2025 – Fitch Solutions
6 hours -
‘Deal with galamsey, the situation is urgent’ – National House of Chiefs president to Mahama
6 hours -
Mahama pledges 70% world market cocoa price to farmers
7 hours -
EOCO teams up with Nigerian agency to rescue trafficking victims
7 hours -
State funeral to be held for Joseph Kobina Ade Coker on August 1
7 hours