Contrary to assertions by President John Dramani Mahama that the economy is in a dire situation, Former Finance Minister Dr Mohammed Amin Adam has said that “the true state of our economy is that economic growth has rebounded strongly.”
He pointed out that the past Akufo-Addo government left gross international reserves of $8.9 billion, which is being used to shore up the Cedi currently by the Mahama administration.
Dr Amin Adam accused President John Dramani Mahama of engaging in propaganda during his 2025 State of the Nation address he delivered last Thursday, February 27.
Speaking during the Minority’s ‘True State of the Nation Address’ at a press conference in Accra on Monday, March 3, the Karaga lawmaker said “The past government left gross international reserves of $8.9 billion, which is being used to shore up the cedi. The President ignored mentioning this in his address.”
“President Mahama chose to do propaganda in his State of the Nation Address.”
During the SONA, President John Dramani Mahama expressed 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.
He attributed the current difficulties to various economic challenges, including rising inflation, high levels of debt, and a struggling private sector.
He emphasised the need for strategic policies to boost local industries, improve revenue generation, and manage public debt effectively.
“We cannot ignore the struggles of our people. My administration is committed to implementing bold reforms that will restore economic stability and bring relief to households and businesses,” he assured.
The post The true state of our economy is that growth has rebounded strongly – Amin Adam first appeared on 3News.
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