Accra: Deputy Finance Minister Thomas Nyarko Ampem has expressed confidence in Finance Minister Dr. Cassiel Ato Forson's ability to maintain stability and growth in Ghana's economy. He assured Parliament that the government is determined to avoid the economic challenges experienced in recent years.
According to Ghana Web, Ampem conveyed this assurance during a public hearing on the 2024 National Annual Progress Report before the Committee on Economy and Development. The session, held on Tuesday, June 9, 2026, highlighted concerns about previous economic indicators that did not present a favorable outlook in 2024. Committee Chairman Eric Afful expressed hope for significant improvements in the 2025 report.
Ampem responded by emphasizing the government's commitment to implementing measures that strengthen the economy and sustain recent gains. "I can give you the fullest assurance from Dr. Ato Forson that he will continue to manage the finances of this country very well in order that we don't see what we saw in 2022, 2023, and 2024 again," he stated.
The Deputy Minister highlighted that the government is deploying a combination of fiscal discipline and monetary policy measures to address inflation and support economic growth. He outlined that expenditure has been constrained, revenue mobilization efforts have been intensified, and spending has been redirected towards sectors capable of driving sustainable growth.
"If you look at one of the recommendations by NDPC, it is to reinforce monetary policy with fiscal policies so that we can tame inflation, and that is what we've been doing since 2025," Ampem noted. He further affirmed President John Mahama's commitment to leaving behind a robust economic legacy, insisting that the government will continue efforts to ensure improved performance across all sectors of the economy.