2025 marked a major turning point for Ghana’s economy, according to Finance Minister Dr. Cassiel Ato Forson. He said the Mahama administration inherited an economy under severe fiscal stress.
The country faced high inflation, rising public debt, weak foreign reserves, and no financial buffers. Despite these challenges, the government chose to take decisive action. Bold reforms and disciplined economic management were introduced during the year. Inflation and interest rates fell significantly as a result of these measures.
Public debt reduced, foreign reserves improved, and the cedi strengthened. Dr. Forson said these gains restored confidence and put Ghana back on a path of growth.
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