Former President John Mahama has criticized Finance Minister Ken Ofori-Atta, asserting that the $11.5 billion borrowed by the current government could have transformed Ghana into a nation as prosperous as Dubai.
Speaking at a gathering with Islamic clerics in Kumasi, Mahama expressed frustration over what he perceives as mismanagement of funds, stating that the resources were not effectively utilized to foster development.
He contrasted this with his administration’s achievements, noting that during his tenure, he borrowed $3.5 billion to complete significant projects such as the construction of a new harbor and the Terminal 3 at Kotoka International Airport. Mahama emphasized that had he been in power with the larger sum, he could have delivered even greater advancements for Ghana.
His remarks reflect ongoing concerns about fiscal responsibility and the impact of current economic policies as Ghana approaches the 2024 elections, where Mahama aims to reclaim leadership amid rising public dissatisfaction with the government’s economic performance.
