Finance Minister Dr. Cassiel Ato Forson has underscored the pivotal role of the 2025 Budget and Policy Statement in steering Ghana’s fragile economy toward stability.
Speaking on an X Spaces youth engagement session hosted by social media influencer KalyJay, Dr. Forson admitted that despite ongoing recovery efforts, Ghana’s financial woes persist.
“Let’s not deceive ourselves—our economy is still in distress. The first step is to implement decisive measures that restore the stability we deserve,” he asserted.
He reaffirmed the administration’s commitment to policies aimed at stabilizing inflation, maintaining a steady exchange rate, and fostering a predictable economic environment. “Our focus is on creating a framework that ensures stable inflation, a stable exchange rate, and, ultimately, a stable economy,” he emphasized.
Dr. Forson also stressed the government’s intent to curb domestic borrowing, freeing up financial resources for private sector growth and economic expansion.
“It is crucial to cut expenditure and reduce excessive borrowing. Doing so will channel more resources into the private sector, fueling business growth,” he noted.
Following his recent interactions with traders at Accra’s Central Business District, Dr. Forson assured the public—especially the youth—that these engagements would directly shape government policies. He dismissed claims that the consultations were mere formalities, reaffirming his commitment to listening to Ghanaians ahead of the budget presentation on March 11.
“I do not take the people of Ghana for granted. I am here to hear your concerns—ignore the propaganda,” he declared.
