Finance Minister, Dr. Mohammed Amin Adam has declared that President Akufo-Addo and the government have been vindicated, in their promise to bring the economy back to life.

This follows the International Monetary Fund’s (IMF) upward revision of the country’s projected 2024 economic growth from 2.8% to 3.1%.

Ghana’s economy grew by 4.7% in the first quarter of 2024 highest in two years.

Speaking at a joint press conference following an executive approval of the 360-million-dollar third tranche under the IMF programme, IMF Ghana mission chief, Stephane Roudet, disclosed that Ghana’s strong performance indicators compelled the fund to adjust the expected growth target upwards.

Finance Minister, Dr. Mohammed Amin also described the recent economic indicators as one that vindicates earlier assertions by the President that the government will bring the economy back to life.

The finance minister also took a swipe at the ranking member of the Finance committee in Parliament, Isaac Adongo accusing him of inciting speculation.

The MP for Bolgatanga Central last week urged business owners to buy dollars if they need.

But in a direct response, Dr. Amin Adam says the actions of Mr. Adongo is not healthy for the economy.