MyJoyOnline· 11h ago· 1 min read
Finance Minister Dr Cassiel Ato Forson has defended the government’s restrained spending approach, warning that abandoning fiscal discipline would plunge Ghana back into economic turmoil and undermine the country’s hard-won recovery.
Speaking on Joy News’ PM Express hours after presenting the 2026 Mid-Year Budget Review to Parliament on Thursday, Dr Forson insisted the government cannot afford to spend beyond its means simply to satisfy critics.
He argued that Ghana remains bound by commitments made under the International Monetary Fund (IMF) programme negotiated by the previous Akufo-Addo administration.
“The NPP committed Ghana into an IMF program, signed an agreement with the IMF and borrowed $3 billion from them, and committed us, this government, that we would do 1.5% of GDP.
“This was the commitment the NPP made to the IMF, and took the money, of which by the time they were…
Continue reading at MyJoyOnlineDiscussion
Be the first to comment.
Never miss a headline
Get breaking Nigerian and world news straight to your inbox.
Related Articles
Over GH¢296k lost to restaurant and food-vendor impersonation scams – CSA
6h ago
Read More
Government begins 87 road projects under Big Push Programme
6h ago
Read More
Mahama secures AU Commitment to place xenophobic attacks on the agenda of the next Summit
4h ago
Read More
Oxford No. 1 Hotel rejects receivership claims, says facility remains under management’s control
5h ago
Read More
Kow Essuman criticises Ato Forson over unpaid arrears for former Presidency staff
6h ago
Read More
Roads Minister commends EPCG for its enormous contribution to national development
6h ago
Read MoreLatest in Top Stories
Atta Mills, Fourteen Years On: A Better Ghana, Still Unbuilt.
News Ghana · 4h ago
The recovery belongs to every trader, entrepreneur, worker who persevered through difficult times - Finance Minister
3News · 4h ago
Airtel Africa dials up London for mobile money IPO
MyJoyOnline · 5h ago
Where is the man who put us in debt? – Majority Leader demands Ofori-Atta’s return
MyJoyOnline · 5h ago
Government adopts IMF Policy Coordination Instrument to sustain economic reforms, stability
MyJoyOnline · 6h ago
Mahama and Wadagni call for strengthening Ghana-Benin relations
MyJoyOnline · 6h ago
Mahama and Burundian counterpart hold bilateral meeting in Accra
MyJoyOnline · 6h ago
Biometric verification of Ghana Card now mandatory – Interior Minister
MyJoyOnline · 6h ago
Most Read Today
US lawmaker seeks Nnamdi Kanu’s release
Punch · 1h ago
Ukraine drone attack hits Russia’s Amazon warehouse
Punch · 4h ago
Indian activist ends 26-day hunger strike over exam leaks
Punch · 2h ago
Kano govt declares ‘Daba’ illegal, orders crackdown on practice
Daily Post · 3h ago
World Cup 2026 final in photos: Spain triumphs as football crowns a new champion
CNBC · 4d ago