Richard Ahiagbah Fires Finance Minister Over Ghana’s Economic Recovery Claims

Accra: Director of Communications for the New Patriotic Party (NPP), Richard Ahiagbah, has accused Minister of Finance, Dr Cassiel Ato Forson, of taking credit for economic recovery measures implemented by the previous Akufo-Addo administration.

According to Ghana Web, Ahiagbah's comments followed remarks by Dr Cassiel Ato Forson in Parliament claiming that Ghana's economy had transitioned 'from the Intensive Care Unit (ICU) to the Wellness Centre' due to improvements in macroeconomic stability. Ahiagbah, however, reacted in a strongly-worded post on X, contending that current economic gains stem from difficult policies introduced by the Akufo-Addo-Bawumia administration, which were opposed by the National Democratic Congress (NDC) while in opposition.

Ahiagbah asserted that the economic recovery was built on significant interventions by former President Nana Akufo-Addo's administration, including the 2023 IMF Extended Credit Facility (ECF) programme, the Domestic Debt Exchange Programme (DDEP), external debt restructuring, and fiscal consolidation measures. He claimed that the NDC opposed these measures, labeling them as insensitive and attacks on Ghanaians.

The NPP communicator emphasized the leadership demonstrated by the Akufo-Addo-Bawumia administration during challenging economic times. He suggested that Dr Forson privately acknowledges the role played by the previous administration in stabilizing the economy but is taking credit without acknowledging their efforts. Ahiagbah further predicted that this would not prevent an imminent defeat for the NDC in 2029.

Dr Forson's comments in Parliament on May 28, 2026, highlighted Ghana's successful completion of the final review of its current IMF-supported Extended Credit Facility programme. He announced the country's transition to a new 36-month Policy Coordination Instrument (PCI) arrangement with the International Monetary Fund (IMF), describing this shift as a major turning point for Ghana's economy.

This exchange has intensified the political battle between the NPP and NDC over credit for Ghana's economic recovery, as both parties position themselves for future electoral contests.