Finance Minister Dr. Cassiel Ato Forson has described the economic situation inherited by the governing National Democratic Congress (NDC) as “weighed down by debt, weakened by mismanagement, and stripped of confidence.”
Presenting the 2026 Budget Statement in Parliament on Thursday, November 13, Dr. Forson highlighted the government’s efforts to stabilise the economy and restore public trust.
“Mr. Speaker, when this administration took office, we met an economy in distress — weighed down by debt, weakened by mismanagement, and stripped of confidence. The 2025 budget was our first act of courage, a declaration that Ghana would rise again through reforms, discipline, and visionary leadership,” he said.
Dr. Forson noted that the 2026 Budget aligns with President John Dramani Mahama’s 2025 State of the Nation Address, which pledged to resolve Ghana’s economic crisis and place the nation on a sustainable growth trajectory.
He described the budget as a continuation of the government’s “reset agenda,” a comprehensive plan to revive and transform the economy.
“This is not just a recovery. It is a reset — a story of a nation that refused to stay down. This is a rebirth from the ashes of a daunting inheritance, the heavy burden laid upon us by the previous administration,” Dr. Forson stated.
The Minister emphasized that fiscal discipline, structural reforms, and renewed investor confidence remain central to Ghana’s economic transformation, job creation, and long-term growth.
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