Former Minister for Finance, Dr. Mohammed Amin Adam, has described President John Dramani Mahama’s proposed National Economic Dialogue. is a misplaced priority.
He is claiming that the decision by the president to set up the committee to organise the National Dialogue is aimed at concealing his lack of a coherent economic strategy for Ghana.
Reacting to the committee established by the president, the lawmaker opined that the dialogue is unnecessary and a diversionary tactic to whitewash the “numerous non-existing claims” made by the president about inheriting a struggling economy.
“The President doesn’t need a dialogue to understand the context of the Ghanaian economy,” Dr. Amin Adam stated. “At the least, this dialogue is intended to cover up the President’s lack of an economic plan for the country and to whitewash his baseless claims about inheriting a bad economy.”
Mr. Amin Adam said the economy was in good shape and does not warrant the proposed National Dialogue.
He referenced the international reserves of $9 billion as of December 2024, which cover four months of imports—one month more than the three-month target set by the International Monetary Fund (IMF).
He further claimed that an average GDP growth rate of 6.4%, surpluses in both the trade balance and current account, and reduced fiscal deficits were recorded in 2024.
“These figures show that the fundamentals of the economy are strong and that we have entered a phase of accelerated recovery,” he remarked.
“This is not the first time the NDC government has held a National Economic Dialogue,” Dr. Amin Adam said. “They did the same in 2014 after winning the 2012 elections. What became of it? They failed to implement the recommendations and instead mismanaged the economy, leading to an IMF program that they couldn’t complete by the end of 2016.”
He has therefore asked Ghanaians to hold the president to account so he will deliver on his promises.
“This dialogue is a diversion,” he said. “The Ghanaian people deserve real leadership and practical solutions, not an attempt to shift responsibility to a committee whose recommendations may never see the light of day,” he concluded.
By: Rainbowradioonline.com/Ghana
