Former Finance Minister Dr. Mohammed Amin Adam has raised eyebrows with his scathing criticism of the government’s recent decision to establish a National Economic Dialogue.
In a sharp statement, Dr. Amin Adam declared, “The President doesn’t need a dialogue to understand the context of the Ghanaian economy.”
His comments came after President John Dramani Mahama proposed a planning committee to facilitate discussions on how to stabilize and recover Ghana’s economy.
According to Dr. Amin Adam, the move was nothing more than a cover-up for the President’s failure to present a clear economic plan.
“At the least, this dialogue is intended to cover up the President’s lack of an economic plan for the country and to whitewash his baseless claims about inheriting a bad economy,” he added.
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While the call for dialogue may seem like a reasonable step in a democracy, Dr. Amin Adam suggested that the Ghanaian people need more than just conversations.
He pointed out that “the fundamentals of the economy are strong and that we have entered a phase of accelerated recovery.” His words are a rebuttal to the idea that Ghana’s economic woes are insurmountable or too complex to resolve without extensive discussions.
The concept of a National Economic Dialogue is not a new one. Dr. Adam reminded the public that the NDC government attempted a similar initiative back in 2014, shortly after winning the 2012 elections.
He lamented the outcome: “They failed to implement the recommendations and instead mismanaged the economy, leading to an IMF programme which they couldn’t complete by the end of 2016.”
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