Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has announced that an amount of GHS 10.5 billion is needed to address the financial sector’s legacy issues and mitigate associated risks.
He said this during the 2025 budget presentation on Tuesday, March 11, 2025.
The minister explained that the legacy issues stem from past financial sector challenges, including the banking sector clean-up and other unresolved fiscal liabilities.
“Addressing these outstanding issues is crucial to restoring confidence in the financial sector and ensuring long-term stability,” he stated.
He added the ruling government will implement sustainable policies that will not only resolve past burdens but also prevent similar crises in the future.
“We are working to develop a clear roadmap to settle these obligations while safeguarding the economy from further shocks,” he added.
He stressed that the administration will use all viable funding options to mobilise the necessary resources, ensuring that Ghana’s financial system remains resilient and capable of supporting national development.
By: Rainbowradioonline.com/Ghana
