New Patriotic Party (NPP) Member of Parliament for Nhyiaeso, Hon. Dr. Stephen Amoah, has attributed the current economic stability under President John Dramani Mahama’s administration to the foundation laid by the previous government.
Speaking ahead of the 2025 Mid-Year Budget Review, Amoah stated that the achievements being witnessed were made possible solely by macroeconomic progress that took shape under the NPP.
According to the MP, the National Democratic Congress (NDC) government had not yet implemented any major policies of their own and should not be credited with the economic gains witnessed in the first half of the year.
“Can you tell me two things that you have evidence of that they’ve implemented? No. And you can’t blame them. Even tomorrow, they’re vetting some of their ministers. They are still forming their government”
Hon. Dr. Stephen Amoah, MP for Nhyiaeso
Despite being in office for six months, Hon. Amoah argued that critical development and financial support mechanisms had not yet received input from the Mahama-led administration. “They haven’t even put a pesewa in the road fund. They haven’t even finished forming their boards,” he argued.
The Nhyiaeso legislator referenced key macroeconomic indicators from the final quarter of 2024 to support his argument, highlighting the strides made before the NDC assumed office in January 2025.
“The NDC government is still enjoying what they inherited,” he stressed, pointing to the performance of GDP, the primary balance, and international reserves, noting that these had significantly improved by the end of 2024.
He pointed to the high similarities – “80% – 90%” – between the last quarter of 2024’s macroeconomic indicators and the first quarter of 2025’s indicators, as presented by Finance Minister Dr. Cassiel Ato Forson in the March budget reading, as evidence of the NPP’s legacy and influence in Ghana’s current fortunes.
“The 2024 last quarter macroeconomic indicators were doing even better than 2016,” Hon. Amoah stated. He also referenced inflation and exchange rate data, arguing that their downward trends were a reflection of NPP policies taking root before the government transition.
Still Early to Criticise
Despite insisting that the current government was benefiting from “inherited gains,” Hon. Amoah also urged fairness and patience in evaluating President Mahama’s administration. He emphasized that the NDC government was still in the early stages of forming, which limited its ability to roll out new economic initiatives.
“So if we have a situation where inflation which went to 54% had been reduced to about 22–23% and the exchange rate which went to about 54% had been reduced to about 16%, by our ability, it means that they inherited a situation that had even taken shape already”
Hon. Dr. Stephen Amoah, MP for Nhyiaeso
He maintained that the economic gains had already taken hold before the NDC took office, and called for the narrative to be corrected for the right conversations to be had onwards.
Beyond admitting that the continuity of their NPP’s good work by the NDC was to the benefit of the entire nation, Hon. Amoah called on the NDC to speak to the facts of the issue for the sake of clarity and posterity. “Whatever we are enjoying today is as a result of what they inherited,” he said.
“But it doesn’t mean that the NDC government is doing bad,” he added, careful to avoid painting the NDC as entirely non-performing. Hon. Amoah concluded by advocating for a new political approach focused on genuine outcomes rather than partisan credit.
“I think we are tired of the recycling of who did that and that and those things. We’ve been doing it for almost 30 years. Do we get results? The real performance results? Or are we interested in lies? I can be here and do a lot of comparative analysis just to get political favour but I think we have to be tired of this”
Hon. Dr. Stephen Amoah, MP for Nhyiaeso
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