2025 Mid-year Budget Review: Ghana on the Path to Recovery – Finance Minister

Ghana’s Finance Minister, Dr Cassiel Ato Forson, has declared that while the country has not fully emerged from its economic crisis, signs of a steady recovery are becoming increasingly visible under the leadership of President John Dramani Mahama.

Presenting the 2025 Mid-Year Budget Review in Parliament on Thursday, Dr Forson acknowledged the significant challenges inherited by the current administration but said Ghana is beginning to turn a corner.

“Mr Speaker, there is still more work to be done. President Mahama is determined to deliver,” he said, striking a balance between cautious optimism and realism.

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The Minister warned against any premature celebration of recovery, noting that the path ahead remains tough.

“We are not out of the woods! It will be premature to make that pronouncement,” he stated firmly.

However, he expressed confidence in the economic trajectory, describing current efforts as encouraging.

“But the good news is that, today, hope is in sight and we are determined to navigate the country out of the terrible storm we inherited,” Dr Forson assured.

He highlighted key pillars of the government’s recovery plan, including restoring investor confidence, stabilising macroeconomic indicators, and protecting livelihoods, especially in vulnerable communities.

“Insha Allah, H.E. President John Mahama will deliver!” Dr Forson concluded.

The mid-year review has set the tone for what many analysts expect will be a decisive year in Ghana’s economic recovery journey, with growing attention on implementation, accountability, and impact.

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