Finance Minister Dr. Cassiel Ato Forson has underscored the significance of the 2025 Budget and Policy Statement in efforts to stabilize Ghana’s economy, which he describes as still facing major challenges.
Speaking during a youth-focused discussion on X Spaces, hosted by social media influencer KalyJay, Dr. Forson acknowledged that despite ongoing interventions, the country’s financial difficulties persist. He stressed that restoring stability remains a priority, emphasizing the need for strategic measures to address inflation, exchange rate fluctuations, and overall economic predictability.
He reiterated the administration’s commitment to reducing domestic borrowing, noting that curbing government expenditure would create room for private sector growth. Ensuring that businesses have access to more financial resources, he said, would be key to driving economic expansion.
Dr. Forson also highlighted the importance of engaging with citizens in shaping government policies, referencing his recent interactions with traders in Accra’s Central Business District. He dismissed claims that such engagements were merely symbolic, insisting that public input would influence decisions leading up to the budget presentation on March 11.
