Politics

Finance Minister says Akuffo Addo was living Champagne lifestyle on Akepeteshie budget

Finance Minister Dr Cassiel Ato Forson has taken a swipe at the previous New Patriotic Party (NPP) administration, accusing it of reckless and unsustainable spending during its time in office.

In an interview with Joy News on Thursday, 24 July, shortly after presenting the 2025 Mid-Year Budget Review to Parliament, Dr Forson stated that the current government had inherited a legacy of excessive expenditure unsupported by corresponding revenue.

He defended the Mahama-led administration’s cautious fiscal approach, emphasising its foundation in financial discipline and long-term sustainability.

“The NPP used to spend what they didn’t have. They didn’t have revenue, but they were just spending. So they expect us to spend. They were living large. I mean, they were living a champagne lifestyle on akpeteshie budget,” he remarked.

Dr Forson added that the present government would not be swayed by such habits.

“If you live such a lifestyle and someone comes in and becomes very prudent, you will be worried. That is why they are complaining — they want us to spend as if there’s no tomorrow.

“We don’t do that. That is not our training. You spend within your means; what we have is what we’re spending, and we’re spending rightly,” he stressed.

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