Ghana’s Economic Crisis Not Over Yet, Finance Minister Cautions
The Minister for Finance, Dr. Cassiel Ato Forson, has warned that Ghana’s economic crisis is far from over, urging stakeholders to remain focused on sustainable recovery efforts.
Speaking at the opening session of the National Economic Dialogue on Monday, March 3, Dr. Ato Forson acknowledged the progress made so far but emphasized that significant economic challenges persist.
He stressed the need for prudent economic management and structural reforms to prevent a relapse into economic instability.
“While we have taken steps towards stabilizing the economy, we must be clear that our crisis is not over. We still have difficult decisions to make to ensure long-term stability,” he stated.
The Finance Minister highlighted key concerns such as inflation, currency volatility, and fiscal constraints, which continue to pose risks to Ghana’s economic recovery.
He noted that overcoming these challenges requires discipline, collective action, and a commitment to sound financial policies.
“This forum gives us the opportunity to reflect on where we have come from, assess where we stand, and determine the best path forward,” he added.
Dr. Ato Forson assured that the government remains committed to implementing policies that promote economic resilience and sustainable growth.
He urged all participants to contribute meaningfully to the discussions, emphasizing that the outcome of the dialogue would be instrumental in shaping Ghana’s economic future.
The National Economic Dialogue serves as a platform for policymakers, economists, and industry leaders to discuss strategies for addressing Ghana’s economic challenges and fostering long-term stability.
