The Minister for Finance, Dr Cassiel Ato Forson, has declared that the steady decline in inflation, dropping interest rates, and the sustained stability of the cedi are yielding tangible relief for families and commercial enterprises across the country.
Presenting the Mid-Year Fiscal Policy Review of the 2026 Budget to Parliament on Thursday, July 23, 2026, Dr Forson asserted that these improving indicators stem directly from prudent and effective economic stewardship.
“I now wish to speak directly to everyone listening to me this afternoon. To the market trader whose power has improved because inflation has fallen. To the entrepreneur who can now borrow at lower interest rates to expand their businesses and to the worker whose income now stretches further because the city has stabilised,” he stated.
While acknowledging that the public endured substantial sacrifices to nurse the national economy back to health and that several households are still grappling with financial pressures, the Finance Minister stressed that the nation’s economic bedrock has been firmly re-established.
“We recognize that the sacrifices required to restore the economy were significant and that many households continue to face challenges. But we also know that the foundations of Ghana’s economy are now firmly in place. Fiscal discipline has been restored. Macroeconomic stability has retained. Confidence has been rebuilt and the institutions needed to safeguard these things have been strengthened,” Dr. Forson said.
He further maintained that the nation remains on a progressive path under the current administration.
“Under the leadership of his excellency President John Dramani Mahama Ghana is not going back. Ghana is moving forward,” he told the House.
By: Rainbowradioonline.com/Ghana
