Friday, 27 March

Ghana achieving primary surplus as investor confidence soars-Finance Minister

Business
Finance Minister speaking at the town hall intvestor meeting

The Ministry of Finance has held its first investor town hall engagement since 2021, bringing together bankers, bond market specialists, and investors to reaffirm confidence in Ghana’s economic recovery.

At the meeting, Finance Minister Cassiel Ato Forson assured stakeholders that the country’s economic fundamentals are steadily improving, citing key gains in inflation, growth, and fiscal performance.

According to him, inflation has declined significantly to 3.3 percent, while economic growth is rebounding.

He added that the government’s fiscal consolidation efforts are firmly back on track, with the achievement of a primary surplus.

The Minister also highlighted Ghana’s strong performance following the Domestic Debt Exchange Programme (DDEP), noting that the country has met all its debt obligations, secured key milestones under the International Monetary Fund programme, and restored investor confidence.

Looking ahead, he stated that the government’s 2026 economic targets remain clear and achievable, underpinned by prudent macroeconomic management.

Mr. Forson further outlined measures being implemented to ensure debt sustainability, including proactive debt management strategies, the building of sinking fund buffers, and efforts to smooth out maturity profiles.

He also emphasised the government’s commitment to enhancing transparency in the domestic bond market as part of broader reforms aimed at strengthening investor trust.

“The message is simple: discipline is delivering results, and Ghana’s economy is firmly on the right path,” the Minister said.

 

The investor engagement forms part of ongoing efforts by the Ministry to maintain open communication with the financial community and sustain confidence in Ghana’s economic outlook.

Source: Classfmonline.com/Cecil MENSAH