Dr. Sammy Ayeh, the National Democratic Congress (NDC) spokesperson for Youth Development, has expressed concerns over the recent statements made by Finance Minister Dr. Mohammed Amin Adam, who claimed that the government is leaving behind a resilient economy.

During a panel discussion on TV3’s NewDay, Dr. Ayeh questioned the minister’s assertions, arguing that the government had failed to address critical financial obligations during its tenure.

Dr. Ayeh highlighted several key issues, including the government's inability to pay its debts, which he believes undermines any claims of a resilient economy.

He also pointed to an unprecedented protest by pensioners in their 60s, 70s, and 80s, who demonstrated against the government for failing to pay their entitlements after having suffered “haircuts” on their investments.

Dr. Ayeh remarked, “In the history of this country, old people in their 60s, 70s, and even 80s demonstrated against the government over their unpaid monies.”

He criticized the government for celebrating its economic achievements while neglecting such urgent matters, stating, “Instead of you to pay these people, you come on TV and applaud yourselves for supposedly leaving a resilient economy.”

In contrast, Finance Minister Dr. Mohammed Amin Adam, in a press briefing on December 17, 2024, presented a more optimistic view of the economy.

He outlined several achievements during his tenure, claiming that the government is handing over a stronger economy than it inherited. Dr. Adam noted that Ghana’s international reserves had increased to $8 billion, covering 3.5 months of imports, up from $6.2 billion in 2016.

He also pointed to the country’s economic growth, which averaged 6.3% in 2024, with some quarters exceeding 7%, compared to an average growth of 3.4% in 2016.

Dr. Adam highlighted the reduction in inflation, which dropped from 54% in late 2022 to 23% by November 2024, signaling progress in price stabilization.

He also mentioned the decrease in the country’s debt, improved access to credit for businesses, and the achievement of a trade surplus, where Ghana is exporting more than it imports.