The Minister for Finance and Economic Planning , Dr. Ato Forson, has told parliament that service sector remains the engine of the Ghanaian economy.
The sector, according to him, recorded increments in the areas of ICT, ,Finance, and Insurance and education.
“Mr. Speaker, the service sector remains the heartbeat of recovery, surging 8.8 percent with ICT up 17.2 percent, finance and insurance up 9.5 percent, and education up 14.9 percent.
According to Dr. Forson, who doubles as the minister for Defense, Ghana’s economy has regained its rhythm, emphasising that Real GDP expanded by 6.3 percent in the first half of 2025, up from 5.1 percent in the same period of 202.
Ato Forson made these remarks when he Budget Statement and Economic Policy for the 2026 financial year in Parliament today.
This feat, he noted that was driven by stronger agriculture and service, lower inflation and renewed business confidence, non-oil GDP grew by 7.8 percent, showing that our growth is now powered by domestic production,adding that agriculture, the backbone of stability, also grew by 6 percent, doubling that of last year.
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