The Minority in Parliament has launched a scathing attack on President John Mahama’s administration, accusing it of reckless financial mismanagement and a blatant disregard for the welfare of public institutions. According to Stephen Amoah, the Minority’s spokesperson who addressed the media,, the government has been on an unprecedented spending spree, sweeping the accounts of public agencies, including Senior High Schools, and leaving critical institutions in financial paralysis.
“The country is in comatose, and nothing is happening in these agencies since the NPP handed over Government to the NDC,” Amoah declared, pointing to widespread complaints from school heads over the sudden depletion of their accounts by the Controller and Accountant General’s Department.
The Minority revealed that the previous NPP administration left GHS3 billion in T-Main 2 Accounts, while an additional GHS8.7 billion in domestic tax revenue was collected in January 2025 alone. Shockingly, the government also borrowed a staggering GHS38 billion through Treasury Bills in the same month.
Despite these substantial inflows, the government has failed to pay contractors, neglected key obligations, and left critical sectors starved of funds. “We are at pains to ask the government why this state of affairs persists in spite of the significant levels of revenues generated,” Amoah lamented.
The Minority further dismantled the government’s excuse that bondholder obligations had drained public resources, arguing that only GHS6 billion in cash payments were needed for recent coupon settlements—far less than the vast revenue at the government’s disposal.
With investor confidence on the line and public institutions on the brink of collapse, the Minority has vowed to hold the Mahama administration accountable. They have demanded transparency in government spending and an immediate end to financial recklessness.
Will the Mahama government come clean on where the money is going, or will Ghana’s economic stability continue to spiral under its watch? The Minority is watching.