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Business News of Thursday, 13 March 2025

    

Source: www.ghanawebbers.com

If you cook up economic figures investors will show you where power lies – Amin Adam cautions Ato Forson

Dr. Cassiel Ato Forson Dr. Cassiel Ato Forson

Former Finance Minister Dr. Mohammed Amin Adam has warned his successor, Dr. Cassiel Ato Forson, against manipulating economic figures, cautioning that such actions could undermine investor confidence in Ghana.

Speaking at a Minority Caucus press conference, he accused Dr. Forson of misrepresenting key economic data in the 2025 budget to create a negative impression of the country’s financial situation.

Dr. Amin Adam stressed that misleading statistics could lead to higher borrowing costs and reduced investor interest in Ghana’s markets. He urged the government to prioritize transparency in fiscal reporting to maintain credibility and attract foreign investment.

Calling for corrections to any discrepancies in the budget, he warned that failing to uphold financial integrity could harm Ghana’s economic reputation and long-term growth prospects.