The Minister for Finance, Dr Cassiel Ato Forson, has disclosed that the government requires GHS10.5 billion to tackle financial sector legacy issues and mitigate associated risks.

He made this revelation during the presentation of the 2025 Budget Statement in Parliament on Tuesday, 11th March.

Dr Forson explained that these 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 further assured Parliament that the government is committed to implementing sustainable policies that will not only resolve past burdens but also prevent similar crisis in the future.

“We are working to develop a clear roadmap to settle these obligations while safeguarding the economy from further shocks,” he added.

The Finance Minister emphasised that resolving these financial sector risks is essential for economic recovery and growth.

He noted that the government will explore all viable funding options to mobilise the necessary resources, ensuring that Ghana’s financial system remains resilient and capable of supporting national development.

He disclosed that to fully capitalise the National Investment Bank (NIB) and the Agricultural Development Bank (ADB), the government will require GHS2.2 billion.