Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has reaffirmed that the country’s economic recovery is firmly on course, driven by decisive fiscal reforms and improved macroeconomic stability.
Addressing a gathering of international investors in Washington, D.C., on the sidelines of the 2025 IMF and World Bank Annual Meetings, Dr. Forson expressed strong confidence in Ghana’s progress, declaring, “Ghana is on track. We will sustain the gains.”
He noted that recent indicators point to a steady turnaround in the economy, including declining debt vulnerabilities and stronger fiscal discipline. These, he said, reflect the impact of the government’s consistent policy interventions and reform strategies aimed at restoring confidence and long-term growth.
According to Dr. Forson, Ghana’s economic outlook remains positive, with growth expected to rebound strongly in the final quarter of the year. He explained that the real sector is showing renewed vitality, while inflation continues to fall and is projected to remain in single digits by the end of the year.
The Finance Minister further revealed that the government is on course to achieve a positive primary balance of 1.5% of GDP by the end of the fiscal year — a milestone that will consolidate the gains achieved through ongoing fiscal and structural reforms.
He assured investors that the government remains committed to maintaining fiscal consolidation, emphasizing tight expenditure controls, prudent financial management, and strategic resource allocation as key priorities.
Dr. Forson concluded by encouraging continued investor confidence in Ghana, noting that the government’s reform agenda is designed not only to stabilize the economy but also to lay the foundation for inclusive and sustainable growth.