By Alex Ababio
Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has told international investors that the nation’s economic rebound is not only real but measurable, with key indicators showing strong signs of sustained growth and stability.
Addressing a full house of global investors in Washington, D.C., during the 2025 IMF and World Bank Annual Meetings, Dr. Forson was emphatic: “Ghana is on track. We will sustain the gains.”
The Minister noted that the country’s economic recovery is reflected in the declining debt vulnerabilities and stronger macroeconomic fundamentals, crediting the improvements to the government’s bold policy interventions and reforms
“What we are seeing today is the result of disciplined reforms and careful fiscal management,” Dr. Forson said. “These are not temporary gains—they are the foundation for long-term stability.”
He expressed confidence that the ongoing structural and fiscal reforms would secure lasting macroeconomic stability and restore investor confidence in Ghana’s economy.
Looking ahead, Dr. Forson projected a robust growth rebound in the final quarter of the year, driven largely by a revitalised real sector. He also revealed that inflation—already on a sharp decline—is expected to drop into single digits by year-end.
“We are turning the corner,” he assured. “Inflation is falling, growth is returning, and investor confidence is building up again.”
Dr. Forson further disclosed that the government is on course to achieve a positive primary balance of 1.5% of GDP before the end of the fiscal year—an achievement that will “further consolidate the gains” made through fiscal reforms.
He reiterated that fiscal consolidation remains at the heart of Ghana’s recovery strategy, anchored on strict expenditure controls and prudent financial management.
“We are maintaining discipline,” the Minister emphasized. “Our commitment to fiscal responsibility is unwavering because Ghana’s economic future depends on it.”