Ghana has come out of its worst economic crisis – Finance Minister
By: Franklin ASARE-DONKOH Ghana’s Minister of Finance, Dr. Cassiel Ato Baah Forson, has declared that Ghana has successfully emerged from the most painful economic crisis in its history, citing restored macroeconomic stability and renewed investor confidence. Presenting the 2027 Budget Statement and Economic Policy of the John Mahama-led government to Parliament on Thursday, November 12, […]
Ghana's Finance Minister, Dr. Cassiel Ato Baah Forson, announced on Thursday, November 12, 2026, that the country has emerged from its most severe economic crisis in history. Dr. Forson, speaking in Parliament, praised the restored macroeconomic stability and renewed investor confidence, crediting the Ghanaian people for their sacrifices during the debt restructuring program.
He noted that Ghana had achieved significant progress, with single-digit inflation, a stabilized cedi, and reduced government borrowing costs. However, Dr. Forson warned that while the economy was growing again, the country needed to build long-term resilience and address structural weaknesses. The Minister outlined the government's 2027 budget and policy plans under the "New Economy" agenda, which prioritized accelerated growth, job creation for the youth, and sustainable industrial transformation.
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Also reported by 3 other outlets
- Ghana has overcome the worst and most painful economic crisis in its history – Finance Minister myjoyonline.com
- 2027 Budget: Every cedi of fiscal space must deliver jobs, lasting value – Finance Minister starrfm.com.gh
- 2027 Budget: Minister of Finance summarizes funding source for The New Economy Programme 3news.com
