Finance Minister Dr. Cassiel Ato Forson has described the economic situation the governing National Democratic Congress (NDC) government inherited as one “weighed down by debt, weakened by mismanagement and stripped of confidence.”
He made the remarks while presenting the 2026 Budget Statement in Parliament on Thursday, November 13, highlighting the efforts of the government to stabilise the economy and restore public trust.
“Mr Speaker, when this administration took office, we met an economy in distress, weighed down by debt, weakened by mismanagement and stripped of confidence.
“The 2025 budget was our first act of courage, a declaration that Ghana would rise again through reforms, discipline, and visionary leadership,” Dr. Forson said.
The Minister reminded lawmakers that the budget draws inspiration from President Mahama’s 2025 State of the Nation Address, in which he pledged to fix Ghana’s economic crisis and set the country on a path of sustainable growth.
Dr. Forson described the budget as a continuation of the government’s reset agenda, aimed at economic revival and transformation:
“This is not just a recovery. It is a reset. It is a story of a nation that refused to stay down. This is a rebirth from the ashes of a daunting inheritance, the heavy burden laid upon us by the previous administration,” he said.
He added that the government’s fiscal discipline, reforms, and renewed investor confidence are central to Ghana’s journey toward growth, job creation, and economic transformation.
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