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    GJA commends Mahama for restoration 62 suspended stations

    GJA commends Mahama for restoration 62 suspended stations

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    Comply within 30 days – Sam George warns suspended stations

    Restore suspended radio stations – Mahama directs Sam George

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    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

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    GJA commends Mahama for restoration 62 suspended stations

    GJA commends Mahama for restoration 62 suspended stations

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    Comply within 30 days – Sam George warns suspended stations

    Restore suspended radio stations – Mahama directs Sam George

    Restore suspended radio stations – Mahama directs Sam George

    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

    NCA suspends Asaase, Wontumi, 60 others over regulatory breaches

    Data bundle values to increase by 10-15% from July 1- Sam George

    Data bundle values to increase by 10-15% from July 1- Sam George

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    Gov’t negotiates with strategic partners to takeover AT – Sam George

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    Otto Addo unveils 23-man Squad for 2025 Unity Cup

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    Akrobeto survives road accident near Konongo

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    Lyrical Joe disappointed after losing TGMA rap performance award

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    A/R: 3-year-old boy survives after falling from storey building at Bantama

    A/R: 3-year-old boy survives after falling from storey building at Bantama

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    Security agencies donate GH¢1m to support ‘Mahama Cares’

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Ato Forson Hails Mahama’s Leadership as Treasury Bill Rates Drop Drastically

by Mawuli Innocent
February 28, 2025
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Ato Forson Hails Mahama’s Leadership as Treasury Bill Rates Drop Drastically
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Ghana’s Finance Minister, Dr. Cassiel Ato Baah Forson, has projected a strong economic recovery under President John Dramani Mahama, citing a massive drop in treasury bill rates as a key indicator of improving financial stability. Just 50 days into Mahama’s administration, the country is already seeing signs of an economic reset—a vision the president promised and is now delivering.

In a short write up he shared on social media, Dr. Forson described the decline in T-bill rates as “historic” and a direct result of President Mahama’s Resetting Ghana Agenda. He emphasized that the government’s decisive policies and renewed investor confidence have driven down borrowing costs, making way for sustainable economic growth.

“The numbers speak for themselves,” Dr. Forson stated. “Since President Mahama assumed office, treasury bill rates have dropped significantly, easing pressure on government borrowing and setting the stage for a more stable economy.”

According to data from the Bank of Ghana, the decline in treasury bill rates has been remarkable:
• 91-day T-bill: Dropped from 28.34% to 20.79%, a 760 basis points reduction.
• 182-day T-bill: Fell from 28.96% to 22.98%, cutting 600 basis points.
• 364-day T-bill: Declined from 30.17% to 22.69%, a sharp 750 basis points drop.

Dr. Forson noted that this rapid decline in rates is a sign of growing confidence in the Mahama administration’s economic policies. Lower treasury bill rates mean reduced borrowing costs for the government, which could translate into more resources for social programs, infrastructure, and job creation.

The Mahama Effect: Resetting Ghana’s Economy

The Finance Minister praised President Mahama for swiftly implementing policies that are restoring financial stability and positioning Ghana for long-term growth. He highlighted the government’s commitment to restructuring the economy, managing debt effectively, and ensuring that macroeconomic indicators continue to improve.

“This is just the beginning. President Mahama’s Resetting Ghana Agenda is already yielding results, and we are confident that in the coming months, we will see even more progress,” Dr. Forson assured Ghanaians.

Tags: Treasury rates Drops . Ato Forson Hails Mahama Leadership
Mawuli Innocent

Mawuli Innocent

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