Ghana’s economic growth in 2024 was driven by digitalisation and economic reforms, not the mining sector, according to Dr. Mohammed Amin Adam, former Minister for Finance and current Ranking Member of Parliament’s Finance Committee.
Addressing a press conference in Parliament, Dr. Amin Adam challenged Finance Minister Dr. Cassiel Ato Forson’s assertion that the mining sector was the primary driver of Ghana’s economic growth in 2024.
“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,” Dr. Amin Adam stated.
He 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 Adam 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.
– BY Daniel Bampoe
