Minister for Finance, Dr. Cassiel Ato Forson, has outlined the country’s ongoing economic reforms and improving outlook following an engagement with international investors.
In a Facebook post, the Minister said the meeting focused on Ghana’s economic recovery efforts and the impact of recent policy measures aimed at restoring stability and credibility.
“I have just concluded an engagement with international investors on Ghana’s economic outlook and reform programme,” he stated.
Dr. Forson stressed that the progress being recorded is the result of deliberate policy actions rather than superficial measures.
“I emphasised that the gains we are seeing are not cosmetic—they are the result of deliberate, well-sequenced reforms engraved in law, underpinned by strong policy discipline,” he said.
He noted that government has implemented several key reforms, including reducing the size of government, enforcing strict commitment controls, and amending the Public Financial Management (PFM) Act with new fiscal rules.
Other measures highlighted include the establishment of oversight institutions such as the Fiscal Council and the Office of Value for Money, as well as reforms in tax administration, VAT, customs, payroll systems, the energy sector, and the cocoa industry.
According to the Finance Minister, these interventions are beginning to yield positive results across key economic indicators.
“These efforts are yielding results. Growth has exceeded expectations, inflation is declining, the cedi has stabilised, our external position has strengthened, and reserve accumulation is ahead of programme targets,” he noted.
He added that investor sentiment is also improving, with declining yields and renewed confidence in the economy.
“One after the other, investors expressed strong admiration for our reset agenda and the progress made in restoring stability and credibility,” he said.
Dr. Forson reaffirmed government’s commitment to sustaining the reforms and building a resilient, inclusive, and growth-driven economy.
