By: Ashiadey Dotse
The Minister of Finance, Dr. Cassiel Ato Baah Forson, has revealed that Ghana has saved GH¢8.8 billion in interest payments this year following a significant drop in Treasury bill rates.
Presenting the 2026 Budget Statement in Parliament on Thursday, November 13, 2025, Dr. Forson said the reduction in Treasury bill rates reflects the government’s strong fiscal management, policy discipline, and renewed investor confidence in the economy.
He explained that the lower interest rates have eased pressure on the national budget and created more space for investment in key social and capital projects across the country.
“Treasury bill rates have fallen, saving the nation GH¢8.8 billion in interest from January to September this year,” Dr. Forson stated.
According to him, this achievement is one of the clearest signs that Ghana’s fiscal turnaround is real and sustainable. He noted that after years of financial instability, the economy is now on a path of recovery, marked by falling inflation, stable exchange rates, and stronger growth.
Dr. Forson also announced that Ghana’s public debt has dropped to its lowest level in a decade, and the country’s risk classification has improved from “high” to “moderate.”
“These gains have created the fiscal space needed to invest in health, education, and infrastructure, while protecting the most vulnerable in society,” he added.
The Finance Minister further stressed that the government’s ongoing reforms in revenue mobilization, spending control, and debt management are key to maintaining the progress achieved so far.
He indicated that fiscal consolidation is now credible, sustainable, and home-grown, a model that turns stability into progress, Dr. Forson said.
