Invest with Confidence, Ghana’s Golden Era Is Here – Ato Forson
Finance Minister Dr Cassiel Ato Forson has called on businesses to invest with confidence, assuring the private sector that the government will maintain the progress achieved in stabilising Ghana’s economy.
Speaking at a meeting with the leadership of the Association of Ghana Industries (AGI) and other industry leaders, Dr Forson said the government’s new economic transformation blueprint would be unveiled in the 2027 Budget.
He encouraged businesses to increase their investments, saying the government was committed to sustaining the country’s economic gains.
“Feel free to invest because we will sustain the gains. The golden era for Ghana is beginning, and our new blueprint will be announced in the 2027 Budget,” he said.
According to the Finance Minister, the improvements recorded in the country’s macroeconomic environment would be protected and further strengthened.
He explained that the 2027 Budget would focus on moving Ghana beyond economic stability towards sustained transformation.
“That is why the 2027 Budget will move Ghana from stability to transformation,” he stated.
Dr Forson further noted that President John Dramani Mahama had announced plans to invest US$10 billion in strategic sectors of the economy over the next four years.
He said the investment programme was aimed at increasing production, promoting value addition and creating more jobs for Ghanaians.
“We want to produce more, add value and create more jobs for the Ghanaian economy. This means addressing the fundamental challenges we face as a country,” he said.
The Finance Minister also disclosed that the government had taken steps to reduce the cost of capital and would continue working to lower it further to enable businesses to expand and attract more investment.
He further urged industry players to support domestic revenue mobilisation efforts to reduce the government’s dependence on borrowing.
“We need your support to raise the necessary revenue so that the Government does not borrow beyond its means, as we saw in 2022,” he said.
By Esther Padmore Amonoo
