Invest with confidence, Ghana’s golden era is beginning – Finance Minister

Ghana's Finance Minister, Dr Cassiel Ato Forson, encouraged businesses to invest with confidence, expressing the Government's commitment to maintaining the progress made in stabilizing the country's economy. During a meeting with industry leaders, Forson revealed that the Government's economic transformation plan would be unveiled in the 2027 Budget.

He assured that the macroeconomic environment would be preserved and enhanced, transitioning Ghana from stability to growth. President John Dramani Mahama's pledge to invest $10 billion in key sectors over the next four years was highlighted, emphasizing the need to produce more, add value, and generate employment opportunities.

The Finance Minister acknowledged the reduction of borrowing costs and the ongoing efforts to further lower them to facilitate business expansion and investment. Forson urged the private sector to contribute to domestic revenue collection to lessen the Government's dependence on borrowing, a measure that became evident in 2022 when excessive debt was observed.