‘We have stabilised the present, now we must secure the future’ — Finance Minister

Finance Minister Dr Cassiel Ato Forson has urged Ghana to break away from the economic patterns that have hindered its growth, emphasizing the need to build on the country's recent economic stabilisation to achieve lasting prosperity. Addressing faculty and students at the University of Ghana, the Finance Minister highlighted the critical juncture when public policy must confront the root causes of Ghana's economic difficulties. "We have stabilised the present. Now we must secure the future," he declared firmly.

Forson framed the subsequent phases of Ghana's economic trajectory as a pivotal test of the nation's commitment to making decisive decisions that would influence the prospects of future generations. He asserted, "History does not wait for countries that are afraid to decide." "There are moments when a nation must make a clear break with old patterns. There are moments when public policy must stop managing symptoms and start changing structures. This is such a moment for Ghana," he stressed.

His comments underscored the centrality of structural transformation within the New Economy agenda, positioning economic stability as the bedrock for a more robust and job-creating economy aimed at raising incomes. Forson emphasized the necessity of transcending immediate pressures and altering the conditions that perpetuate those challenges.

He argued that this ambitious goal entails increasing local production, enhancing the value added to Ghana's agricultural and mineral outputs, and broadening business and employment opportunities.