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Ghana’s economic recovery on track – Dr. Ato Forson assures Global Investors

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By Benjamin Nii Nai Anyetei

Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has reaffirmed that the country’s economic recovery programme is on a firm path, assuring international investors of continued stability and resilience in the months ahead.

Addressing global investors on the sidelines of the 2025 IMF–World Bank Annual Meetings in Washington, Dr. Forson said Ghana’s economic turnaround is already yielding measurable results, with declining debt vulnerabilities, improved fiscal discipline, and strengthened macroeconomic indicators.

“Ghana is on track. We will sustain the gains,” Dr. Forson noted.

The Finance Minister emphasised that the government’s structural and fiscal reforms are delivering real progress, adding that the country is entering a new phase of sustainable growth supported by sound monetary and fiscal coordination.

According to Dr. Forson, Ghana’s economic growth is expected to rebound significantly in the last quarter of the year, buoyed by the recovery of the real sector, strong agricultural performance, and increased industrial productivity.

Inflation, which has already seen a sharp decline from its 2023 peak, is projected to ease further and remain in single digits by the end of the year. Dr. Forson also revealed that the government remains on course to achieve a positive primary balance of 1.5 percent of GDP by the close of the fiscal year — a key indicator of fiscal consolidation under the ongoing economic reforms.

He stressed that the government’s fiscal strategy remains anchored on tight expenditure management, enhanced domestic revenue mobilisation, and transparent debt restructuring frameworks that support medium-term stability.

The Minister also used the platform to engage investors on Ghana’s private sector investment opportunities, noting that the government’s policy reforms are designed to attract sustainable capital inflows into infrastructure, energy, manufacturing, and agribusiness.

Dr. Forson expressed optimism that Ghana’s renewed fiscal discipline, coupled with a stable exchange rate and improved investor confidence, will accelerate the country’s transformation agenda and restore Ghana’s status as one of Africa’s most attractive investment destinations.

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