Close Menu
  • Science
  • feature
  • Video
What's Hot

Bolga: Pharmaceutical Society of Ghana condemns murder of Pharmacist Zibrim, calls for justice

June 10, 2025

Labour Minister urges GRNMA to reconsider ongoing strike

June 10, 2025

Over 600,000 students set to sit for 2025 BECE as GES assures smooth conduct

June 10, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Economy Times GhEconomy Times Gh
Subscribe
  • Science
  • feature
  • Video
Economy Times GhEconomy Times Gh
Home»Uncategorized»Stable Cedi, low prices and job creation… Dr Ato Forson’s covenant to Ghanaians as finance minister
Uncategorized

Stable Cedi, low prices and job creation… Dr Ato Forson’s covenant to Ghanaians as finance minister

AdminBy AdminJanuary 18, 2025No Comments8 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email
Finance Minister-designate, Dr Cassiel Ato Forson

The Finance Minister-designate, Dr Cassiel Ato Forson, has outlined his top priorities as ensuring a stable Ghanaian cedi, reducing the cost of living, and creating jobs. Emphasising the need for sound fiscal and monetary policies to foster economic stability and growth, he highlighted the importance of tackling inflation, which has significantly affected the purchasing power of citizens.
Dr Forson pledged to adopt prudent fiscal measures to curb price increases and ensure that the government’s spending aligns with its revenue-generating capacity.
“My priority is to achieve a stable cedi, lower prices, and create jobs for our people,” Dr Forson said when he appeared before the Appointments Committee of Parliament last week. “A strong currency reflects a resilient economy, and I am committed to working with the Bank of Ghana and other stakeholders to stabilise the cedi and reduce the financial burden on Ghanaians.”
“We must restore confidence in our economy by managing resources efficiently and avoiding unnecessary wastage,” he noted.
Dr Forson also emphasised the role of job creation in addressing the country’s economic challenges, particularly unemployment among the youth. He stressed the need to create an enabling environment for private sector growth and attract investments to generate sustainable employment opportunities.

“Job creation will be at the heart of our economic strategy, and I will work tirelessly to create avenues for every Ghanaian to thrive,” he assured.
Consequently, he vowed to stabilize the cedi through effective coordination with the Bank of Ghana. He emphasizes the need for a joint effort to anchor the currency, acknowledging the significant impact of depreciation on Ghana’s debt.
“As long as you borrow in foreign currencies, any depreciation of the cedi will directly impact the debt figures,” he explained. “When approved as Minister, I will work or coordinate effectively with the central bank so that together, we can anchor the currency,” Dr. Forson pledged.
Forson also criticized the previous government’s approach to debt reporting, highlighting the need for an independent Debt Management Office to ensure transparency and avoid future inconsistencies.

Cedi Dr Cassiel Ato Forson Finance Minister-designate stable
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Admin

Related Posts

Govt strategically targeting stable cedi to resume debt payments – Cudjoe Kuagbedzi

June 8, 2025

Sustaining disinflation: Experts share perspectives

June 8, 2025

Ato Forson warns new SSNIT board against sale of state assets to SSNIT politicians

June 4, 2025
Leave A Reply Cancel Reply

Top Posts

MTN Ayo Insurance fleeces customers

October 23, 202495

Eni welcomes withdrawal of unitisation directive

February 27, 202558

Ghana’s cocoa crisis deepens, 2024 half-year revenues crash by nearly $700 million

September 16, 202451

Using IT to fight galamsey: A sustainable approach

September 16, 202448
Don't Miss
General

Bolga: Pharmaceutical Society of Ghana condemns murder of Pharmacist Zibrim, calls for justice

By AdminJune 10, 20252

The Pharmaceutical Society of Ghana (PSGH) has strongly condemned the murder of Pharmacist Mohammed Zia-ulhak…

Labour Minister urges GRNMA to reconsider ongoing strike

June 10, 2025

Over 600,000 students set to sit for 2025 BECE as GES assures smooth conduct

June 10, 2025

GRA postpones implementation of Energy Sector Levy to June 16 amid industry concerns

June 10, 2025
Stay In Touch
  • Facebook
  • Twitter
Facebook X (Twitter) Instagram
  • Economy
  • feature
  • Life Style
  • Science
  • Video
© 2025 Economy Times Gh.

Type above and press Enter to search. Press Esc to cancel.