Ghana’s minister for finance, Dr Cassiel Ato Forson, has assured international investors that the country’s economy is firmly on a measurable path to recovery and is poised for sustained growth and stability.
Speaking to a packed audience of investors in Washington on the sidelines of the 2025 IMF and World Bank Annual Meetings, Dr Forson declared that “Ghana is on track. We will sustain the gains.”
He underscored that the country’s economic turnaround is already evident in declining debt vulnerabilities and stronger macroeconomic fundamentals, reflecting the effectiveness of the government’s policy interventions and reforms.
Dr Forson expressed strong optimism about the sustainability of the ongoing structural and fiscal reforms, which he said are designed to secure long-term macroeconomic stability.
Looking ahead, Dr Forson highlighted that Ghana’s economic prospects remain positive.
Growth is projected to rebound strongly in the final quarter of the year, led by a revitalised real sector, while inflation, which has already seen significant declines, is expected to ease further and remain in single digits by year-end.
He added that the government remains on course to achieve a positive primary balance of 1.5% of GDP by the close of the fiscal year, a milestone that will further consolidate the gains made under ongoing fiscal reforms.
Dr Forson reaffirmed the government’s dedication to implementing fiscal consolidation measures anchored on tight expenditure controls and prudent financial management.
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