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Ghana’s economy moves from “ICU to Wellness Centre” – Finance Minister

in News, Politics, Top Story
Ghana’s economy moves from “ICU to Wellness Centre” – Finance Minister

Finance Minister, Dr. Cassiel Ato Forson

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The Finance Minister, Dr. Cassiel Ato Forson has declared that Ghana’s economy has moved “from the Intensive Care Unit (ICU) to the Wellness Centre”, signalling what he described as a major turnaround from economic crisis management to sustained macroeconomic recovery.

Speaking in Parliament on Thursday, May 28, on progress made in restoring macroeconomic stability and debt sustainability ahead of schedule, Dr. Ato Forson said Ghana is transitioning from dependence on financial bailouts to a more credible reform-driven partnership with international institutions.

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“For Ghana, this marks an important shift from seeking financial bailout to engaging as a credible reform partner while continuing to benefit from policy discipline, external validation and strengthened investor confidence,” he stated.

He emphasized, the proposed Policy Coordination Instrument (PCI) with the (IMF) will play a key role in sustaining reforms through regular policy assessments and technical support aimed at strengthening investor confidence.

Dr. Ato Forson noted that improved fiscal discipline and coordinated policy actions have contributed to stabilising key macroeconomic indicators, including inflation, currency performance, debt restructuring and revenue mobilisation.

He said government remains focused on consolidating these gains while rebuilding long-term investor trust and economic resilience.

Tags: economic crisisfinance ministerICUParliament

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