The former Finance Minister, Mohammed Amin Adam has dismissed claims by President John Mahama that the Akufo-Addo administration left behind a massive debt, plunging the country into crisis.
According to Dr Amin, President Mahama's assertions do not reflect the true state of the economy inherited from the Akufo-Addo government.
His response follows President Mahama's first State of the Nation Address (SONA) under his second term on Thursday, February 27, where he described the economy as being in crisis.
Read also: "I, John Dramani Mahama, I will fix the economic crisis facing the country" President Mahama claimed that at the end of the Akufo-Addo administration, Ghana's debt had reached GH₵721 billion, with state-owned enterprises such as the Electricity Company of Ghana (ECG) owing GH₵68 billion and COCOBOD saddled with GH₵32 billion in debt.