Ghana not out of the woods yet, but there's hope

Finance Minister Dr. Cassiel Ato Forson says while Ghana is not yet fully recovered from its economic challenges, there are clear signs of progress under the leadership of President John Dramani Mahama.

Addressing Parliament during the presentation of the 2025 Mid-Year Budget Review, on Thursday July 24, he acknowledged the scale of the crisis inherited by the current administration but assured Ghanaians that recovery efforts are yielding results.

“Mr. Speaker, there is still more work to be done. President Mahama is determined to deliver,” he declared.

The Finance Minister tempered optimism with realism, warning against premature celebration.

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

However, Dr. Forson struck a hopeful tone, expressing confidence in the direction of the country’s economic recovery.

“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,” he added.

With a firm commitment to stabilising the economy, the government says it is focused on restoring investor confidence, protecting livelihoods, and laying the foundation for long-term growth.

“Insha Allah, H.E. President John Mahama will deliver!!” the Finance Minister added.

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