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Former Minister for Finance – 2024 growth was due to digitalisation, not mining

2024 growth was due to digitalisation, not mining as stated by Ato Forson – Dr. Amin Adam

The former Minister for Finance and current Ranking Member of Parliament’s Finance Committee, Dr Mohammed Amin Adam, has challenged Finance Minister Dr Cassiel Ato Forson’s assertion that Ghana’s economic growth in 2024 was primarily driven by the mining sector.

According to Dr Amin, the surge in growth was instead a result of digitalisation and economic reforms initiated under the previous administration.

Addressing a press conference on behalf of the Minority Caucus on Thursday, 13th March, Dr Amin dismissed Dr Forson’s claims, stating,

“The 2024 economic growth was not largely due to mining as the Finance Minister wants Ghanaians to believe. Rather, it was the result of our strategic investments in digitalisation, which enhanced efficiency, broadened the tax net, and boosted economic activities.”

He further argued that the digital transformation agenda under the previous government had strengthened key sectors such as banking, trade, and public service delivery, contributing significantly to economic expansion.

“The gains we made were due to policies that modernised revenue collection and enhanced financial transactions. These reforms provided the backbone for sustainable growth,” Dr Amin added.

The Ranking Member urged the government to acknowledge the real drivers of growth and build on the progress achieved through digitalisation.

He called for continued investment in technology-driven economic policies, warning that misrepresenting the true causes of economic progress could lead to misplaced priorities in policymaking.

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