{
  "id": 19699561,
  "title": "2027 Budget: Government has restored economic stability after crisis – Finance Minister",
  "url": "https://urgent.news/2026/11/12/2027-budget-government-has-restored-economic-stability-after-crisis",
  "topic": "world",
  "section": "World",
  "published": "2026-11-12T19:28:04.000Z",
  "source": {
    "name": "Adom Online",
    "slug": "adom-online",
    "url": "https://www.adomonline.com/2027-budget-government-has-restored-economic-stability-after-crisis-finance-minister/"
  },
  "original_language": "en",
  "account": "Finance Minister Dr Cassiel Ato Forson reported that Ghana has made significant strides in restoring economic stability after a period of turbulence. In early 2025, the administration embarked on a deliberate process to rebuild economic credibility, restore fiscal discipline, and stabilize the economy. This led to a fall in inflation from 23.8% to 5.4% by the end of 2025. The primary fiscal balance improved from a deficit of 4.1% of GDP to a surplus of 2.5%, while public debt declined to 44.7% of GDP. Gross international reserves expanded to cover imports for 5.7 months. These advancements have bolstered economic confidence, provided households with greater certainty, and enabled businesses to plan their operations more effectively. Forson emphasized that the recovery has created space for the country to focus on long-term development. However, he cautioned that economic indicators alone were insufficient to compensate for the hardships endured during the crisis. The sacrifices made by citizens would only be meaningful if economic stability translated into increased production, decent jobs, higher incomes, and expanded opportunities. Forson also expressed concern that Ghana had previously failed to effectively use fiscal space during periods of recovery and urged the government to ensure resources were channeled into productive investments that deliver lasting benefits to citizens.",
  "summary": "Finance Minister Dr Cassiel Ato Forson says the government has made significant progress in restoring Ghana’s economic stability following years of economic turbulence. He said the administration began a deliberate process in early 2025 to rebuild economic credibility, restore fiscal discipline and stabilise the economy. Presenting the 2027 Budget Statement and Economic Policy to Parliament, […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "GBC Ghana",
        "title": "2027 Budget: Government targets poultry expansion and 100% local cocoa processing by 2030",
        "url": "https://urgent.news/2026/11/12/2027-budget-government-targets-poultry-expansion-and-100-local-cocoa",
        "published": "2026-11-12T19:20:12.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}