Business & Finance

2026 Mid-year Budget: Under Mahama, Ghana Is Not Going Back but Forward – Ato Forson

Finance Minister, Dr Cassiel Ato Forson, has declared that Ghana is on a new path of growth and stability, saying the country will not return to the economic difficulties of the past.

Presenting the 2026 Mid-Year Budget Review to Parliament on Thursday, Dr Forson said key economic indicators show that government’s fiscal and monetary measures are delivering results.

“Economic growth is exceeding target, inflation is below the projected rate, fiscal performance is stronger than programmed, and the debt trajectory is improving faster than expected,” he told Parliament.

The Minister said the improvements are already translating into real benefits for households and businesses.

“To the market trader whose purchasing power has improved, to the entrepreneur who can now borrow at lower interest rates to expand their businesses, and to the worker whose income now stretches further because the cedi has stabilised, these improvements are not abstract statistics. They are the dividends of sound and competent economic management,” Dr Forson stated.

He acknowledged that the process of economic recovery came with sacrifices, and that many families are still facing challenges.

“Fiscal discipline has been restored, macro stability has returned, confidence has been rebuilt, and the institutions needed to safeguard these things have been strengthened,” he noted.

Dr Forson concluded by reaffirming government’s commitment under President John Dramani Mahama to build on the gains.

“Under the leadership of President John Dramani Mahama, Ghana is not going back. Ghana is moving forward,” he declared.

Click to read more: https://opemsuo.com/author/hajara-fuseini/

Related Articles

Back to top button