The Minority in Parliament has downplayed claims that Ghana’s recent economic improvements are the result of the Mahama administration’s policy measures, attributing progress instead to external and structural factors.
At a press briefing on Monday, January 26, Minority Leader Alexander Afenyo-Markin argued that the economy’s upswing is largely driven by the IMF programme, debt relief, rising commodity exports, and lower government expenditure, rather than reforms or strategic economic management by the current government.
“We acknowledge that the economy is performing better, but the question remains: is this due to prudent management by the government, or simply the result of social intervention programs and favourable external conditions?” Mr Afenyo-Markin asked.
He emphasised that while government initiatives may have provided opportunities for young and ambitious Ghanaians, the broader gains in macroeconomic indicators were not reflective of administrative competence.
“The so-called gains were not born out of the government’s competence in managing the economy. Rather, external factors such as the IMF programme, debt relief, rising commodity exports, and reduced expenditure are the key drivers of the current economic performance,” he said.
The comments add to ongoing debates about the sustainability of Ghana’s economic recovery and the extent to which government policy versus external influences is shaping national growth.
