Finance Minister Dr Cassiel Ato Forson has lauded the resilience of Ghanaians and pledged to sustain fiscal discipline while protecting social spending.
Presenting the 2026 Budget Statement and Economic Policy to Parliament on Thursday, Dr Forson noted that the sacrifices made by citizens over the past year have begun to yield positive results, restoring stability and confidence in the economy.
“The sacrifices made by Ghanaians over the past year have restored hope and confidence in our economy. Inflation is down, the cedi is stronger,” he said.
Outlining the government’s fiscal priorities for the coming year, Dr Forson said the 2026 strategy would balance discipline with compassion, ensuring that economic stability goes hand in hand with the protection of social welfare.
“Our key fiscal strategy for 2026 is as follows: to maintain fiscal discipline by sustaining the primary surplus of 1.5% of GDP on commitment basis; to mobilise domestic resources through continuous implementation of our medium-term revenue strategy; to promote value for money and rationalise spending, ensuring that every cedi delivers value for citizens while eliminating leakages and inefficiency,” the Finance Minister explained.
Dr Forson further assured that the government would protect priority social spending, particularly in the education sector, to ensure access and quality are not compromised despite efforts to tighten public finances.
“Our fiscal strategy will match discipline with compassion,” he reiterated.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Source link
