2025 Budget: Rely on verified data – Gideon Boako tells Finance Minister

Dr. Gideon Boako, MP for Tano North, has urged Finance Minister Dr. Cassiel Ato Forson to present verified economic data in the 2025 budget. He emphasized that the Akufo-Addo administration left behind a strong economy worth GHS 1.2 trillion.

Dr. Boako cited Ghana Statistical Service data showing 5.7% GDP growth in 2024, the highest since 2020, with a declining debt-to-GDP ratio of 61.8%. However, Q4 2024 growth slowed to 3.6%, mainly due to weak industry performance. He accused the NDC of manipulating fiscal data to portray a struggling economy.

Dr. Boako insisted that the economy was rebounding before the NDC took over and urged the finance minister to focus on real economic progress rather than pushing a misleading narrative.