The Minister of Finance, Dr Cassiel Ato Forson, has indicated that the year 2025 marked a decisive turning point for the country in the collective effort to restore macroeconomic stability.
He noted on the floor of Parliament on Thursday, November 13 that the foundations of recovery are now firmly in place.
Dr Ato Forson, who is also the Member of Parliament (MP) for Ajumako-Enyan-Essiam Constituency, made this known when he presented the 2026 budget statement and government’s economic policy.
The policy was themed: ‘Resetting for Growth, Jobs and Economic Transformation’.
Addressing MPs, Dr Ato Forson said the National Democratic Congress (NDC) government inherited the lingering effects of the fiscal pressures of 2024.
The pressures, he stressed, had weighed heavily on households, businesses, and public finances.
“Confidence was fragile, inflation remained elevated, the exchange rate was unstable, and public debt was elevated,” he noted, but indicated, however, “through strong leadership, fiscal discipline, and policy consistency, the tide has turned”.
“Ghana’s economy is now on a clear path of recovery, marked by renewed investor confidence and an improving macroeconomic outlook.”
The Finance Minister is elated the country is once again moving with purpose and conviction toward sustainable growth.