Former Finance Minister Faces Public Backlash As Dr. Amin Adam Claims Cedi should Trade at ¢8 per $1

A comment by former Finance Minister Dr. Amin Adam has triggered widespread public backlash after he stated that the New Patriotic Party (NPP) had expected the cedi to trade at ₵8 per $1. His remark, which was shared GHOne News on Friday November 14, 2025, has sparked intense reactions from citizens who say the statement shows a disconnect from the economic realities Ghanaians currently face.

Dr. Amin Adam, who served as Finance Minister under the previous administration, made the comment while discussing Ghana’s 2026 budget which was presented by Ato Forson, the current Finance Minister. Many Ghanaians say the statement appears dismissive at a time when the cedi is performing against major foreign currencies and the cost of living continues to go down. They argue that such remarks from a former Finance Minister are disappointing and fail to acknowledge the hardship ordinary people endure in the previous administration.

The backlash has grown rapidly on social media, where users accuse the former minister of attempting to rewrite history regarding the economic challenges faced under his tenure. Some citizens claim that if the NPP had indeed expected the cedi to trade at ₵8, then the party is out of touch with the economic pressures that businesses and households have battled for years. Others say the comment highlights the need for more transparent and realistic assessments from public officials, especially those who previously oversaw the nation’s finances.

Political analysts also note that Dr. Amin Adam’s statement may deepen public skepticism about the economic management record of the NPP. They believe such remarks could influence the ongoing national conversation about economic recovery and accountability.

As the discussion continues, many Ghanaians are calling for responsible communication from former and current government officials, insisting that public commentary must reflect the true economic conditions facing the country.