Finance Minister Dr. Cassiel Ato Forson has revealed that Ministries, Departments, and Agencies (MDAs) under the previous Akufo-Addo-Bawumia administration awarded contracts exceeding GHC195 billion.

Speaking on The Point of View with Bernard Avle on Channel One TV on Wednesday, March 12, a day after presenting the 2025 Budget, Dr. Forson said he was forced to halt payments due to the staggering figures involved.

He disclosed that several individuals had submitted payment requests, prompting him to demand further clarification from the MDAs.

“MDAs had awarded contracts in excess of GHC195 billion. Then, aside from that, the MDAs had generated certificates yet to be paid. Those that went to the Ministry of Finance and were being processed to the Controller and Accountant General amounted to GHC18.2 billion.

“Another GHC49.5 or GHC49.6 billion were certificates yet to be processed at the Accountant General’s office for payment. So, I was alarmed. And they expect the government to pay them,” he stated.

Dr. Forson’s revelation raises concerns about financial commitments made by the previous administration and their potential impact on the country’s economic stability.