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Former President, John Dramani Mahama has accused the Finance Minister Ken Ofori Atta of tampering with economic figures just to make the Akufo-Addo administration look good in the eyes of credit rating agencies.
Mr Mahama noted that the Finance Minister has failed to include liabilities such as the energy sector and the banking sector cleanup debts to the deficit.[ads2]
“The economy was in mess even before covid, they used Covid as the cover up. The Finance Minister, I repeat , he has been cooking the books .
“I have said it several times , if he thinks I am not speaking the truth he should sue me, he has been cooking the books. He doesn’t give the right picture of the economy.
“Liabilities such as the Energy Sector debt, banking sector cleanup he doesn’t add them to the deficit. He puts it as a footnote and so when he says our deficit is 6 per cent it is because huge liabilities items are not part, he has hidden them.[ads3]
“He has done that for a long and so when he gets the Fitch and Moodys’ ratings it looks like the economy is doing well,” Mr Mahama said on Tuesday November 9.
He further asked the Akufo-Addo administration to up its game in dealing with the hardships Ghanaians are saddled with at the moment.[ads4]
Mr Mahama noted that times are hard for Ghanaians. The economy, in his view, is not doing well hence, the destitutions.
Mr Mahma said “I think that this government has to sit up.”
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