The Minority in Parliament has strongly criticised the 2025 Budget Statement presented by Finance Minister Dr Cassiel Ato Forson on Tuesday, March 11, describing it as lacking credibility.
According to the group, discrepancies between the Minister’s verbal presentation and the actual budget documents, including its appendices, cast doubt on the accuracy of the figures provided.
Addressing a press conference on Thursday, March 13, Dr Mohammed Amin Adam, former Finance Minister and Ranking Member of Parliament’s Finance Committee, led the Minority’s attack on the budget’s credibility.
He argued that the figures cited by Dr Forson in Parliament did not align with those in the official documents, raising concerns about transparency and accountability in the government’s fiscal planning.
Supporting this claim, former Minister of State at the Finance Ministry, Abena Osei-Asare, criticised Dr Forson for allegedly presenting inconsistent data.
She maintained that the contradictions in the budget figures undermine public confidence in the government’s economic policies and cast doubt on the accuracy of Ghana’s financial projections.
The Minority Caucus has therefore called on the government to clarify these inconsistencies, insisting that the 2025 budget should reflect the true state of the economy.
They warned that failure to ensure transparency in financial reporting could have serious implications for investor confidence and Ghana’s economic recovery efforts.
“As I have always said, the real details of any budget is in the appendixes and as the Finance Minister said that he is going to grow revenue by 17.2% of tax to GDP ratio but when you come into the appendixes and it is 16.1%. Clearly, there is a credibility issue with our budget.”
