Finance Minister Dr. Cassiel Ato Forson has disclosed that the government needs GH¢10.5 billion to resolve financial sector legacy issues and mitigate associated risks.
Presenting the 2025 Budget Statement to Parliament on March 11, Dr. Forson explained that these challenges stem from past financial sector crises, including the banking sector clean-up and other unresolved fiscal liabilities.
“Addressing these outstanding issues is crucial to restoring confidence in the financial sector and ensuring long-term stability,” he stated.
He assured Parliament of the government’s commitment to implementing sustainable financial policies that will not only resolve past burdens but also prevent future crises.
“We are working on a clear roadmap to settle these obligations while safeguarding the economy from further shocks,” he added.
Dr. Forson emphasized that tackling financial sector risks is essential for economic recovery and growth.
He noted that the government will explore viable funding options to mobilize the necessary resources, ensuring a resilient financial system capable of supporting national development.
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