The Ministry of Finance has presented its 2025 Mid-Year Fiscal Policy Review, highlighting robust macroeconomic performance for January-June 2025.
Dr. Cassiel Ato Forson, who presented the document on Thursday, July 24, 2025, indicates significant economic expansion driven largely by the agricultural sector.
According to him, Ghana’s economy expanded by a remarkable 5.3% in the first quarter of 2025.
He said the achievement represents a substantial increase from the 4.9% growth recorded in the same period of 2024 and represents the highest first-quarter growth the nation has seen since 2020.
The agricultural sector played a crucial role in this growth, demonstrating a remarkable 6.6% increase, he stated.
He said the figure is approximately three times the growth observed in the first quarter of 2024 for the sector.
Agriculture’s strong performance contributed significantly to the overall first-quarter growth, accounting for 26.4% of the total. Within the agricultural sector, the fishing sub-sector exhibited the most substantial growth, expanding by 16.4%, he added.
Dr. Cassiel Ato Forson stressed that this positive economic trajectory is a result of “prudent fiscal management, sound monetary policy, effective structural reforms, and strategic investments.”
He stated that these measures are collectively “laying a solid foundation for sustainable growth and shared prosperity,” aligning with the national vision of “Resetting the Economy for the Ghana We Want.”
By: Rainbowradioonline.com/Ghana
