2025 Budget unrealistic and not credible -Amin Adams

Amin Adams, the former Deputy Finance Minister of Ghana, has criticized the government's 2025 budget proposal as unrealistic and lacking credibility. He argues that the budget fails to realistically address the country's pressing economic challenges, including inflation and a high debt burden. Adams emphasizes that the government's projected revenue figures are overly optimistic and do not reflect current economic conditions. He contends that without a credible financial plan, it is unlikely that the government will be able to achieve its stated objectives regarding social welfare and infrastructure development.

Moreover, he highlights concerns about transparency in how public funds are managed and allocated. According to Adams, citizens must have confidence in their government’s fiscal policies for effective governance. He urges policymakers to adopt more realistic projections based on thorough economic analysis rather than political aspirations. This critique has sparked discussions among economists and stakeholders about the need for a budget that genuinely reflects Ghana's economic realities while prioritizing sustainable growth and development for all citizens.