Former Minister for Finance, Dr Mohammed Amin Adams, has branded the current administration a “talk more, do little government”, asserting that the Mid-Year Fiscal Policy Review of the 2026 Budget confirms the original fiscal plan contained “only bones, no meat”.
Leading the Minority Caucus’ response following the presentation by Finance Minister Dr Cassiel Ato Forson on Thursday, 23 July 2026, Dr Adams stated that the government has failed to deliver tangible outcomes to the Ghanaian electorate.
“Ladies and gentlemen of the press. So this is the minority caucuses preliminary comments or response to the budget review presented by the Honourable Minister for Finance,” he declared.
The Minority Spokesperson contended that the review merely validated their initial critique of the administration’s economic policy.
“As you agree with us, this government from what has been submitted in parliament can best be described as talk more do little government. Yeah. Because the review has confirmed our description of the original budget. The twenty twenty-six budget as having only bones no meat. And for that matter can best be described as budget,” he remarked.
Dr Adams further accused Dr Ato Forson of relying on political rhetoric to mask economic shortfalls.
“The minister tried his best to do what he does best. Propaganda. But his own data gave him out. His own data showed that the honeymoon is over. They are now faced with the reality because this budget is empty,” he noted.
“And because it has no meat and they have no story again, the minister resorted to blame game. They’ve been doing this blame game from the time they assumed office in twenty twenty-five,” he added.
Turning to national reserves, Dr Adams alleged that the administration has retreated on its commitments, pointing out a sharp contradiction between parliamentary approvals and current disclosures.
“People voted for them to deliver just that and not to blame the previous government. But as you all heard from the minister’s address there is nothing to tell the people of Ghana,” he stated.
He indicated that the Minority would highlight several inconsistencies within the presentation.
“I will point out to you some of the confessions the minister made. Confessions in respect of issues they disputed last year and early this year. I will also point out some inaccuracies in the presentation as well as their failure to implement some of the programs they promised the people of Ghana,” he noted.
Detailing the discrepancy regarding gross international reserves, he referenced the government’s previous assurances to Parliament.
“Number one is on the issue of reserves, international gross reserves. Most of you were in this parliament when the minister brought the reserve management policy. They called it accelerated reserve management policy to this house for parliament to approve. In which document they stated that by the end of twenty-six reserves gross reserves will reach eight point six months of import cover,” he stated.
Dr Adams contrasted this against the figures disclosed in the mid-year assessment.
“Sadly in the minister’s presentation today he’s tagged to three months of import cover. So how can eight point six months of import cover all of a sudden become three months of import cover?” he questioned.
In a further critique of the nation’s revenue performance, the former minister alleged severe manipulation of fiscal data to disguise a GH¢2 billion deficit.
“As far as revenue is concerned, yeah revenue measures have not worked. They haven’t worked at all. Because they are not meeting the target,” he insisted.
He claimed that the reported figures were altered to present a misleading picture of success to Parliament.
“In fact, what the minister presented there was criminal. Because the program revenue for half year was reduced by two billion Ghana cities. In order for the minister to tell Ghanaians that he has met that target. But he’s shot of that target by two billion Ghana cities,” Dr Adams alleged.
He urged media personnel to cross-check the mid-year review figures against the initial 2026 budget allocation.
“He brought a wrong figure to parliament. And that is why we think that he’s criminal. He’s informing the people of Ghana. He’s manipulating the data to look good,” he added.
By: Rainbowradioonline.com/Ghana