The Minister for Finance, Dr. Cassiel Ato Forson has assured Ghana’s banking community of the government’s unwavering commitment to fostering a conducive environment for sustainable business growth. He emphasized that the financial instability experienced in 2022 would not be repeated, as the government has drawn valuable lessons from past economic challenges.
Addressing over 22 Managing Directors of Banks in a high-level meeting, Dr. Forson outlined the administration’s plans to ensure fiscal discipline and bolster confidence in the banking sector. “The days of reckless financial decisions are behind us,” he stated firmly. “Our priority is to implement sound economic policies that drive stability, growth, and resilience.”
The Minister highlighted the government’s strategy to adopt a coordinated policy approach aimed at achieving long-term economic recovery. He emphasized that maintaining fiscal discipline would be central to these efforts, adding that Ghana’s financial sector must be positioned as a key driver of national development.
Dr. Forson called on banks to collaborate closely with the government to enhance liquidity, attract investment, and build a resilient economy. He urged financial institutions to align their strategies with the government’s vision of creating a stable and inclusive economic environment that benefits businesses and individuals alike.
He assured the banking executives that all policies would be designed with the utmost care to safeguard the financial system and support sustainable growth. “We are committed to creating a financial sector that not only thrives but also inspires confidence and trust among stakeholders,” Dr. Forson remarked.
The Finance Minister concluded by reiterating the government’s dedication to ensuring stability and resilience in Ghana’s economy. “Together, we can build a robust financial ecosystem that promotes shared prosperity and strengthens the foundation for national development,” he said.
Story by: Mercy Addai Turkson #ahotoronline.com
