The Minister for Finance, Dr. Cassiel Ato Forson, says government began a deliberate effort in early 2025 to restore order, credibility and economic stability after years of economic turbulence.
Presenting the 2027 Budget Statement and Economic Policy in Parliament, Dr. Forson said by the end of 2025, inflation had declined from 23.8 percent to 5.4 percent, while the primary balance improved from a deficit of 4.1 percent to a surplus of 2.5 percent of Gross Domestic Product.
He said public debt had fallen to 44.7 percent of GDP, with gross international reserves rising to 5.7 months of import cover.
The Finance Minister said the gains provide greater certainty for households, allow businesses to plan, and create space for Ghanaians to think beyond recurring emergencies.
He noted that statistics alone cannot compensate for the years families lost to instability, and that the sacrifices made by citizens will be honoured when restored stability translates into jobs, rising incomes and expanded opportunities.
Dr. Forson added that in the past, Ghana had often created fiscal space but failed to direct it with sufficient purpose.
