Finance Minister warns Ghana’s economic crisis is not over

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The Minister for Finance, Dr. Cassiel Ato Forson, has cautioned that Ghana’s economic crisis is far from over, urging stakeholders to remain focused on sustainable recovery efforts.

Speaking at the opening session of the National Economic Dialogue on Monday, March 3, he acknowledged the progress made but emphasized that significant challenges still persist.

Dr. Forson stressed the need for prudent economic management and structural reforms to prevent a relapse into instability.

He highlighted concerns such as inflation, currency volatility, and fiscal constraints, which continue to pose risks to Ghana’s economic recovery.

“While we have taken steps towards stabilizing the economy, we must be clear that our crisis is not over. We still have difficult decisions to make to ensure long-term stability,” he stated.

He further noted that the dialogue serves as a crucial platform for stakeholders to reflect on past economic missteps and propose practical solutions.

According to him, addressing Ghana’s economic challenges requires collective action, discipline, and a commitment to sound financial policies.

“This forum gives us the opportunity to reflect on where we have come from, assess where we stand, and determine the best path forward,” he added.

Dr. Forson assured that the government remains committed to implementing policies that promote economic resilience and sustainable growth.

He urged all participants to contribute meaningfully to the discussions, stressing that the outcome of the dialogue would be instrumental in shaping Ghana’s economic future.

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