By: Hamza Lansah Lolly
The Former Finance Minister and Member of Parliament for the Karaga constituency, Dr Mohammed Amin Adam, has taken a swipe at Hon. Isaac Adongo, MP for Bolgatanga Central and a key member of the Finance Committee in Parliament over recent praises directed at the current administration for the appreciation of the Ghanaian cedi.
In a statement, Dr Amin cautioned against premature celebration, stressing that Ghanaians need long-term economic solutions rather than short-term glory.
“What Ghanaians need now is sustainable progress, not short-lived applause built on the foundation of others,” he said.
Dr Amin attributed the current appreciation of the cedi against major foreign currencies to sound economic policies introduced by the previous administration.
He argued that the current government, which has only been in power for just under four months, has yet to roll out any substantial economic initiatives.
The Kagara MP and Ranking member of the Finance Committee in parliament statement come in response to remarks by Hon. Isaac Adongo, praising the new NDC administration of bringing “significant economic improvements,” in just four months, citing the performance of the cedi against the dollar.
But Mr. Amin Adam reiterated that, the Bolgatanga Central MP is misleading the Ghanaian public, positing that, Mr Adongo is twistimg the facts and ignoring the strong economic fundamentals executed by the NPP.
“Export performance is a long-term success, not a four-month story,” he emphasized.
Dr. Amin Adam pointed out that Hon. Adongo failed to present any comparative data to substantiate his claims. Instead, Adongo appeared to credit the current administration for economic strides that, according to Dr. Amin Adam, are rooted in policies and performance trends established by the previous government.
“Let’s remind him,” Dr. Amin Adam stated, “since 2018, the NPP government consistently recorded trade surpluses, culminating in a surplus of 6.1% of GDP by the end of 2024.”
As debates over economic credit continue to brew in Parliament and across public platforms, many Ghanaians remain cautiously hopeful that the recent gains in the cedi’s performance will translate into broader economic relief for all Ghanaians.
