Ghana’s Finance Minister, Dr. Cassiel Ato Forson has rolled out a transformative and ambitious plan aimed at rescuing the country’s struggling economy. Speaking at a high-level workshop designed to foster innovative solutions, Dr. Forson outlined a comprehensive roadmap to address Ghana’s economic woes and restore confidence among its citizens.
A People-Centered Budget
The Finance Minister emphasized that the budget is a direct response to the concerns expressed by Ghanaians. “This is a budget of hope,” Dr. Forson remarked. “It reflects the aspirations of our people, prioritizing transparency, accountability, and inclusive growth.” He assured the nation that the government is fully committed to engaging citizens and addressing their pressing challenges.
Key Interventions to Revive the Economy
Dr. Forson’s plan is built around three critical pillars—fiscal discipline, economic revitalization, and social protection—to stabilize the economy and build a sustainable future.
1. Fiscal Discipline:
Drastic reduction in government spending by cutting down on non-essential programs.
Streamlined tax collection systems to improve efficiency and boost revenue.
Enhanced fiscal responsibility to ensure prudent use of public resources.
2. Economic Revitalization:
Introduction of a 24-hour economy to increase productivity and create jobs.
Aggressive investment in infrastructure, including roads, energy, and technology.
Policies stimulate private sector growth, providing businesses with incentives to expand and create more employment opportunities.
3. Social Protection:
Launch of free first-year tertiary education to ease the financial burden on families and improve access to higher education.
Provision of free sanitary pads to schoolgirls to enhance menstrual hygiene and promote gender equality in education.
Increased funding for programs supporting vulnerable populations, including the elderly and persons with disabilities.
A Glimpse of Hope Amidst Challenges
Dr. Forson expressed optimism about the plan’s potential to stabilize the economy, reduce inflation, and foster sustainable growth. He noted that while the road ahead may be challenging, these measures reflect the government’s resolve to tackle the crisis head-on. “We are building an economy that works for everyone, where no one is left behind,” he assured.
National Unity for Economic Recovery
The Finance Minister called on all Ghanaians—regardless of political affiliation—to support the government’s initiatives. He highlighted the importance of collective effort and unity in navigating this critical phase of the nation’s history.
As Ghana grapples with mounting economic challenges, Dr. Ato Forson’s comprehensive plan offers a renewed sense of hope and determination to create a resilient and thriving economy for future generations.
Story by : RICHARD nana APPIAH KUBI
