Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

‘We have turned the tide’ – Ato Forson says Ghana is ready to take off

Finance Minister Dr. Cassiel Ato Forson says Ghana has turned the tide from economic crisis and laid the foundation for sustained progress, but has cautioned that further gains will depend on protecting macroeconomic stability. He said the country was moving in the right direction, with the foundation now in place to support economic take-off. “Today […]

‘We have turned the tide’ – Ato Forson says Ghana is ready to take off

Finance Minister Dr. Cassiel Ato Forson has declared that Ghana has turned the page from economic turmoil and is on track for robust growth, but warned that continued success hinges on maintaining macroeconomic stability. Speaking at a recent press conference, Dr. Forson asserted that the nation was moving in the right direction and that the groundwork has been laid for an economic take-off.

"Today we have turned the tide. We are moving in the right direction. And I can assure you that based on the foundation that we have laid, this country is ready to take off," he stated.

However, Dr. Forson emphasized that the recovery should not be viewed as a license to relax standards. He stressed that the macroeconomic stability that has underpinned the current progress must remain a top priority for the nation's next steps. "And we will take off cautiously. Bear in mind that all the gains we have made is dependent on us maintaining the macroeconomic stability," he cautioned.

Forson stressed that further advancements must be made in tandem with preserving the foundations that have been established. "And so the gains that we will build on, we should not forget the foundation that we have laid," he added. He reminded those in positions of leadership that their primary mandate was to address a national crisis and to satisfy the people of Ghana.

"We were elected to come and save a country in crisis. Don’t forget that. President Mahama and his members of parliament were elected to save this country because Ghana was in a crisis. Let us not forget that," he said.

The Finance Minister underscored that the responsibility of delivering on this mandate is a shared one, even as the country's circumstances improve. "Together, we have a responsibility. A responsibility to work to the satisfaction of the people of Ghana," he said.

Written by urgent.news from Adom Online's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at adomonline.com →

More in Finance & Markets

Nasdaq 100 Movers: WDC, HONIV

In early trading on Tuesday, shares of Honeywell International topped the list of the day's best performing components of the Nasdaq 100 index, trading up 7.5%.

More from Tuesday 13 October →