Mahama will fix economic crisis, reset Ghana on path of growth and sustainability

Mahama will fix economic crisis, reset Ghana on path of growth and sustainability — Ato Forson

2d ago | Source: Graphic Online

Dr Cassiel Ato Forson, Finance Minister

Finance Minister Dr Cassiel Ato Forson has reaffirmed President John Dramani Mahama’s commitment to fixing Ghana’s economic challenges and restoring sustainable growth.

He said the government inherited an economy “in distress, weighed down by debt and mismanagement,” but has since embarked on a reset agenda grounded in fiscal discipline, structural reforms, and economic resilience.

Presenting the 2026 Budget Statement and Economic Policy to Parliament under the theme “Resetting for Growth, Jobs and Economic Transformation,” on Thursday, November 13, Dr Forson highlighted progress in stabilising the cedi, reducing inflation, and rebuilding investor confidence, describing the 2026 budget as part of a broader plan to revive and sustain Ghana’s economy.

Quoting President Mahama’s pledge from the 2025 State of the Nation Address, Dr Forson said: “I will fix the economic crisis confronting our country and reset it on the path of growth and sustainability.”

He added that the administration is pursuing reform, renewal, and resilience, ensuring that Ghana’s recovery becomes a model of sustainable transformation driven by discipline and visionary leadership.

The Minister announced plans to introduce key legislation, including the Value for Money Bill, Virtual Asset Service Providers Bill, and reforms to enhance customs revenue mobilisation through an AI-powered trade data analytics system.

Dr Forson further underscored that the 2026 Budget continues the administration’s “reset agenda,” aiming to create jobs, sustain growth, and ensure that Ghana’s economic transformation aligns with long-term sustainability and inclusive development goals.