The Minister for Finance, Dr. Cassiel Ato Forson, says Ghana’s economy is firmly on the path to recovery, buoyed by improved fiscal discipline, stronger domestic revenue mobilisation, and renewed investor confidence.
Delivering the 2025 Mid-Year Budget Review in Parliament on Thursday, July 24, Dr. Forson stated that in just under 200 days, the government had restored “clarity, certainty, stability, and purpose” to the country’s economic policy direction.
“We have made significant progress. The signs of recovery are obvious, evident, noticeable, visible, tangible, and they are being felt,” he said.
He announced a primary budget surplus of 11.1% of GDP on a commitment basis as of June 2025—far exceeding the target of 0.4% for the period.
The Finance Minister credited the achievement to robust domestic revenue performance, prudent expenditure controls, and strong collaboration with development partners.
His presentation was delivered amidst political tension, as Minority MPs staged a walkout in protest over alleged electoral irregularities.
By Emmanuel Tetteh
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