The former Finance Minister and current Ranking Member of Parliament’s Finance Committee, Dr. Mohammed Amin Adam, has pushed back against Finance Minister Dr. Cassiel Ato Forson’s assertion that the mining sector primarily drove Ghana’s economic growth in 2024.
Dr. Amin argues that the growth surge was instead fueled by digitalisation and economic reforms initiated under the previous administration. Speaking at a press conference on Thursday, March 13, on behalf of the Minority Caucus, he challenged Dr. Forson’s claims, stating:
“The 2024 economic growth was not largely due to mining, as the Finance Minister wants Ghanaians to believe. Rather, it was the result of our strategic investments in digitalisation, which enhanced efficiency, broadened the tax net, and boosted economic activities.”
He maintained that the digital transformation agenda of the past administration played a crucial role in strengthening key sectors such as banking, trade, and public service delivery, significantly contributing to economic expansion.
“The gains we made were due to policies that modernised revenue collection and enhanced financial transactions. These reforms provided the backbone for sustainable growth,” he added.
Dr. Amin urged the government to recognise the actual drivers of growth and build on the progress achieved through digitalisation. He cautioned that misrepresenting the sources of economic progress could result in misplaced priorities in policymaking.
