Dr Cassiel Ato Forson who is a Ranking Member of the Finance Committee of Parliament during a presentation accused government of borrowing excessively and being responsible for 60 percent of the country’s debt stock. “Out of Ghana’s Public debt of GH¢291 billion as of December 2020, President Akufo-Addo’s government accounts for GH¢171.22 billion representing 60 percent,” Ato Forson said. He continued, “the hardships arising out of the deficit and debt situation is the direct result of mismanagement of the economy and misplaced populism by this government.”But the deputy Finance Minister in a response described the assertions as false and misguided. “If you check the reality of what happened under President Nana Addo Dankwa Akufo-Addo’s tenure, I am sure if it had happened under former President John Mahama, we would have jumped to US$100 billion. There was no COVID-19 to warrant a lockdown for extra expenditures of the government,” John Kumah pointed.
