
Audio By Carbonatix
Finance Minister Dr Cassiel Ato Forson has stated that the recent rebound of the Ghanaian cedi is a strong indication that the country’s economic foundations are beginning to stabilise after a period of uncertainty and fiscal pressure.
Delivering the 2025 Mid-Year Budget Review to Parliament on Thursday, July 24, Dr Forson attributed the local currency’s improved performance to decisive policy actions and structural reforms implemented over the past several months.
“The cedi rebound signals that Ghana’s economic foundations are once again beginning to firm up,” the Minister told the House.
“Sustaining this stability will require continued fiscal discipline, supportive monetary policy, strong liquidity stabilisation, robust reserve accumulation supported by the activities of the Ghana Goldbod and credible implementation of structural reforms.”
Dr Forson stressed that the government’s commitment to sound economic management was beginning to yield tangible results, pointing to improved investor sentiment and growing macroeconomic confidence.
Latest Stories
-
Netherlands Fire Chief in Ghana to support fire safety reforms and market fire prevention efforts
4 hours -
Mason goes on remand for stealing
4 hours -
Gov’t cuts fuel taxes, deploys buses to curb impact of rising fuel prices
4 hours -
Interior Minister calls for intelligence-driven strategy as Ghana strengthens counter-terrorism efforts
4 hours -
Adenta Circuit Court remands Pastor William Gyimah over viral threats against Vice President
5 hours -
“We’ve implemented changes to prevent a repeat of the AFCON final” – CAF President Motsepe
5 hours -
Gov’t orders deployment of Metro Mass buses to cushion commuters amid fuel price hike
6 hours -
Key Indian state polls begin in test for Modi’s party
6 hours -
Playback: Gomoa Easter Carnival in photos
6 hours -
Gov’t orders removal of fuel taxes to ease pump price hikes
6 hours -
“Whatever the decision of CAS, we will respect it” – CAF President Motsepe after AFCON final meetings in Morocco
7 hours -
Emma Ankrah: When waiting becomes part of treatment – Reflections on hospital care
7 hours -
Ghana urges travellers to prepare for new EU border system roll-out
7 hours -
Mahama enforces fuel coupon ban for ministers as cabinet moves to slash fuel taxes
7 hours -
Task force probes strange fish deaths in Tema
7 hours