The Finance Minister has called for the immediate implementation of key recommendations from the National Economic Dialogue, stressing that the time for discussion is over and action must begin now.

Dr Cassiel Ato Forson speaking at the closing session of the dialogue stated that the country already understands its economic challenges and the necessary solutions. What remains, he said, is the collective resolve to implement them.

“Most of the presentations actually feed into the first presentation I made. It clearly shows the connections and understanding that together we understand the situation and the problems of this country. What is left is the resolve to come together and to fix it.”

While acknowledging that implementation is the biggest challenge, he stressed that government alone cannot drive the necessary reforms without the active support of the public.

“Implementation is the challenge; we can only implement as a government if we get the buy-in of the citizens.”

Dr. Forson announced that the 2025 Budget Statement and Economic Policy, set to be introduced on March 11, will begin addressing the concerns raised during the dialogue.

However, he urged stakeholders to support the government in ensuring the reforms succeed.

“What I would like to say is that beginning the 11th of March, the government will introduce the 2025 Budget Statement and Economic Policy. Most of the concerns you’ve raised, you’ll begin to see them in the budget.

"But don’t leave the government alone. We call on you to support the government in educating the public, for the public to understand that the time has come for us to reset and reform the economy. We’ve got to do this together.”

Reflecting on the discussions, he highlighted the interconnectedness of the economy’s various sectors, including governance and corruption, and emphasized the urgency of reform.

“And so clearly, what I can say is most striking to me, particularly sitting there quietly, is that interconnectedness between the macro group to the private sector, to infrastructure, to all the other sectors, even to the governance and the corruption sub-sectors, is the need for us to do major reforms.”

Dr. Forson reaffirmed his commitment to ensuring that the dialogue’s recommendations shape government policy, using the final communique as his guiding document.

“The solution is there, we know the problems, we know what we have to do to resolve the problems. Let’s start the implementation.

"So I will wait for the communique, and I can use the communique as my Bible, going into the preparation of the budget and to make recommendations to Cabinet for adoption and approval for us to input into the budget.”