Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has dropped a bombshell, revealing that Ministries, Departments, and Agencies (MDAs) under the previous Akufo-Addo-Bawumia administration awarded contracts exceeding a staggering GHC195 billion. This shocking disclosure was made on Channel One TV’s “The Point of View” with Bernard Avle, just a day after Dr. Forson presented the 2025 Budget.
The Finance Minister’s concerns were piqued when several individuals submitted payment requests, prompting him to demand further clarification from the MDAs. What he found was alarming: aside from the GHC195 billion in contracts, there were also certificates yet to be paid, totaling GHC18.2 billion, and another GHC49.5 billion or GHC49.6 billion waiting to be processed at the Accountant General’s office.
Dr. Forson’s revelation raises serious concerns about the financial commitments made by the previous administration and their potential impact on Ghana’s economic stability. The sheer scale of these contracts and unpaid certificates has left many wondering how the country will manage to pay these debts.
As Ghana struggles to recover from recent economic challenges, Dr. Forson’s disclosure has sparked a national conversation about financial accountability and transparency. With his extensive experience in public finance, macroeconomics, and fiscal policy, Dr. Forson is well-positioned to lead Ghana towards a more resilient and inclusive economy.
CNR/Ruth Abla ADJORLOLO
