Finance Minister Cassiel Ato Baah Forson has reaffirmed that Ghana’s economic reforms are delivering tangible results, boosting investor confidence and strengthening macroeconomic stability.
Speaking after an engagement with international investors, the minister stressed that the country’s recent gains are rooted in deliberate policy actions rather than short-term measures.
“The gains we are seeing are not cosmetic—they are the result of deliberate, well-sequenced reforms engraved in law,” he stated.
Dr. Forson outlined a series of structural reforms implemented by government, including reducing the size of government, enforcing strict expenditure controls, and amending the Public Financial Management Act to introduce new fiscal rules.
He noted that institutions such as the Fiscal Council and the Office of Value for Money have been established to enhance oversight and reduce inefficiencies, while reforms in taxation, customs, energy, and the cocoa sector are strengthening revenue mobilisation and productivity.
Positive Economic Indicators
According to the minister, these measures are already yielding results, with growth exceeding expectations, inflation trending downward, and the cedi showing signs of stability.
He added that Ghana’s external position has improved significantly, with reserve accumulation ahead of programme targets and declining yields reflecting renewed market confidence.
“Investor confidence is returning,” Dr. Forson noted, revealing that international investors expressed strong admiration for the country’s reform agenda.
The Finance Minister emphasised government’s commitment to consolidating these gains through continued reforms aimed at building a resilient and inclusive economy.
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