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Ato Forson declares ‘No Shortcut to Responsible Development’ as he presents 2026 Budget

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Government clears US$1.47bn energy sector debt

Government clears US$1.47bn energy sector debt

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Finance Minister Dr. Cassiel Ato Forson is currently delivering Ghana’s 2026 Budget and Economic Policy to Parliament, stressing the need for discipline, accountability, and sustained reforms to secure long-term national stability.

Presenting the budget on the theme “Resetting for Growth, Jobs and Economic Transformation,” Dr. Ato Forson underscored that Ghana’s economic recovery remains on track, but warned that the country must avoid the mistakes that led to past fiscal crises.

“There is no shortcut to responsible economic development,” he told the House, emphasising that lasting progress requires consistency in policy, effective governance, and strict expenditure controls.

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The Finance Minister reiterated the government’s commitment to prudent financial management, noting that the administration is determined to prevent a repeat of excessive borrowing, unchecked spending, and weak oversight.

“Never again should we let waste and irresponsible economic management affect us as a country,” he declared.

Dr. Ato Forson also highlighted signs of renewed global and domestic confidence in Ghana’s economy, pointing to improvements in investor sentiment, stabilising macroeconomic indicators and enhanced fiscal discipline.

“Ghana’s economy has recovered with improved investor confidence,” he said, assuring the public that the 2026 Budget has been crafted to accelerate job creation, support productive sectors, and consolidate the gains made so far.

Tags: 2026 Budgetfinance ministerGhana

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