The Minister of Finance, Ato Forson, has emphasized the urgent need to implement the recommendations from the recently concluded National Economic Dialogue, stating that swift action is necessary to stabilize and revitalize the economy.
Speaking at the National Economic Dialogue, in Accra, the Finance Minister acknowledged the valuable insights and policy proposals generated from the multi-stakeholder dialogue, which brought together government officials, business leaders, economists, and civil society representatives.
According to him, the country can no longer afford delays in addressing pressing economic challenges such as inflation, currency depreciation, and the fiscal deficit.
“The dialogue has provided us with concrete recommendations that reflect a national consensus on the way forward. Now, it is time for implementation. We cannot allow these insights to remain on paper; we must act decisively to restore economic confidence and growth,” Forson stated.
Among the key recommendations from the dialogue were strengthening domestic revenue mobilization, reducing government expenditure, improving public financial management, and promoting local industries to enhance job creation.
The Minister assured the public that his ministry, in collaboration with relevant agencies, would immediately begin rolling out policies aligned with these recommendations.
Stakeholders at the dialogue also called for greater transparency and accountability in government spending, urging the administration to ensure that the implementation process is inclusive and benefits all sectors of society.
The Finance Minister reaffirmed the government’s commitment to these principles, promising regular updates on progress and outcomes.
“Our goal is to implement these recommendations in a way that ensures sustainable economic growth and resilience. We will work closely with Parliament, the private sector, and development partners to ensure that the necessary reforms are enacted and effectively executed,” he added.
Story by Freedom Lavoe.
