{
  "id": 19751393,
  "title": "Ghana’s economy would have crashed in 2026 without tough decisions – Ato Forson",
  "url": "https://urgent.news/2026/11/13/ghanas-economy-would-have-crashed-in-2026-without-tough-decisions-ato-19751393",
  "topic": "world",
  "section": "World",
  "published": "2026-11-13T03:47:02.000Z",
  "source": {
    "name": "Adom Online",
    "slug": "adom-online",
    "url": "https://www.adomonline.com/ghanas-economy-would-have-crashed-in-2026-without-tough-decisions-ato-forson/"
  },
  "original_language": "en",
  "account": "Finance Minister Dr Cassiel Ato Forson stated that Ghana's economy would have collapsed by 2026 if the government had not implemented tough decisions to control spending and improve the public finances. During an interview following the presentation of the 2027 Budget to Parliament, he defended the fiscal measures his administration has taken since taking office in 2025. Dr Forson explained that the government inherited persistent inflation and an ongoing economic crisis when it came into power. He emphasized that continuing with the same approach would have led to the economy crashing by 2026. The Finance Minister highlighted the government's tightening of fiscal policy and the restoration of order in public financial management as key steps taken to address the situation. He cited a primary surplus of 2.5% of GDP in 2025 and 1.5% in 2026 as evidence of the positive results. Dr Forson stated that the next objective was to reduce the target to a primary surplus of 0.5% of GDP to sustain the economic program. He emphasized that restoring stability was just one part of the task. The government now needed to restructure the economy to create sustainable employment for its growing population of 35 million and counting. Dr Forson argued that Ghana's economic foundations had not evolved to meet the needs of the expanding population. He criticized temporary employment programs as insufficient substitutes for the structural changes necessary to generate decent jobs. The new economic policy, according to Dr Forson, would focus on modernizing production and expanding the country's capacity to absorb workers. He framed the program as a four-year effort to move beyond macroeconomic stabilization while maintaining the discipline that secured it.",
  "summary": "Finance Minister Dr Cassiel Ato Forson says Ghana’s economy would have crashed in 2026 if the government had not taken tough decisions to restrain spending and restore discipline in public finances. Speaking in an interview on Thursday after presenting the 2027 Budget to Parliament, he defended the fiscal measures the government has taken since assuming […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Starr FM",
        "title": "Ghana has restored economic stability, rebuilt confidence in less than two years – Ato Forson",
        "url": "https://urgent.news/2026/11/12/ghana-has-restored-economic-stability-rebuilt-confidence-in-less-than",
        "published": "2026-11-12T20:34:37.000Z"
      },
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Ghana to establish convention bureau in 2027 to attract global conferences – Ato Forson",
        "url": "https://urgent.news/2026/11/12/ghana-to-establish-convention-bureau-in-2027-to-attract-global",
        "published": "2026-11-12T21:25:33.000Z"
      }
    ]
  },
  "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."
}