Government Has Restored Economic Stability Within 200 Days – Finance Minister
Finance Minister, Dr Cassiel Ato Forson, has declared that the government has successfully restored clarity, certainty and macroeconomic stability less than 200 days after assuming office, crediting swift policy action and targeted interventions for the early signs of recovery.
Presenting the 2025 Mid-Year Budget Review to Parliament on Thursday, July 24, Dr Forson said the administration had acted decisively to arrest the country’s economic decline and rebuild investor and consumer confidence.
“In less than 200 days, we have brought back clarity, certainty, stability and purpose to our economic policy in the nation,” he told lawmakers.
Dr Forson underscored that the gains made so far were not abstract or confined to official statistics but were being felt by businesses and households across the country.
“We have made significant progress and the signs of recovery are obvious, evident, noticeable and visible, tangible — and they are being felt,” he added.
The mid-year review comes at a critical juncture as Ghana continues to implement reforms under its International Monetary Fund-supported programme aimed at restoring fiscal discipline, stabilising inflation, and accelerating debt restructuring efforts.
Market watchers will closely scrutinise the updated fiscal outlook for the remainder of the year, as well as any revisions to revenue and expenditure targets, amid ongoing global uncertainties and domestic economic pressures.
