Ghana’s Finance Minister, Dr. Cassiel Ato Forson, has acknowledged that the country’s economy is currently facing significant challenges.
In a recent engagement on X, he emphasized that while progress has been made, the nation is not yet out of economic distress. He stressed that the immediate priority is to stabilize the economy.
Forson highlighted the need for a clear framework to ensure a stable exchange rate, control inflation, and restore overall economic stability.
He further pointed out that reducing government borrowing and cutting unnecessary expenditure are key steps to achieving this.
According to him, these measures will help free up resources, benefiting the private sector and contributing to a more sustainable economic future.
