Ghana’s Economy Has Recovered — Finance Minister

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Dr Cassiel Ato Forson, Miniser for Finance

The Minister for Finance and Economic Planning, Dr. Cassiel Ato Forson, has told Parliament that Ghana’s economy has fully recovered from the severe challenges it faced in previous years.

Presenting the Budget Statement and Economic Policy for the 2026 financial year, Dr. Forson said the recovery reflects renewed investor confidence, macroeconomic stability, and improved fiscal discipline under the current administration.

> “Mr. Speaker, through visionary leadership, fiscal discipline, and policy consistency, the tide has finally turned. Ghana’s economy has now recovered, marked by renewed investor confidence and an improved macroeconomic outlook,” he stated.

The Finance Minister noted that before the National Democratic Congress (NDC) assumed office, the economy was burdened by high inflation, weak public finances, and pressures that weighed heavily on households and businesses.

He credited President John Dramani Mahama’s leadership and pragmatic policy measures for restoring stability and steering the nation back to a growth path.

> “Prior to the NDC taking the reins of government, the Ghanaian economy was marked with pressures that weighed heavily on households, businesses, and public finances. Yet, through the vision of President Mahama, the narrative has changed,” he added.

Dr. Forson assured Parliament that the government remains committed to maintaining fiscal prudence and supporting sectors that will sustain growth and job creation in the coming year.

 

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