MyJoyOnline· 12h ago· 1 min read
The Finance Minister, Dr Cassiel Ato Forson, has rejected criticism over government’s restrained spending.
He insists the Mahama administration is merely fulfilling binding commitments made by the previous Akufo-Addo government under Ghana’s $3 billion International Monetary Fund (IMF) programme.
Speaking on Joy News’ PM Express hours after presenting the 2026 Mid-Year Budget Review to Parliament on Thursday, Dr Forson said the current administration cannot ignore conditions attached to the IMF programme simply because a new government is in office.
“The NPP committed Ghana into an IMF program, signed an agreement with the IMF and borrowed $3 billion from them, and committed us, this government, that we would do 1.5% of GDP.
“This was the commitment the NPP made to the IMF, and took the money, of which by the time they were leaving office, they had spent three quarters of the $3…
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