Spend like there's no tomorrow and Ghana will crash again - Ato Forson
Dr. Cassiel Ato Forson, the Finance Minister, defended the government's restrained spending approach on Thursday on Joy News' PM Express, hours after presenting the 2026 Mid-Year Budget Review to Parliament. He warned that abandoning fiscal discipline would plunge Ghana back into economic turmoil and undermine the country's hard-won recovery, stating, "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."
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. He noted that by the time the previous administration was leaving office, they had spent three-quarters of the $3 billion. Dr. Forson stressed that the IMF's agreement is with Ghana, not with any political party, making it the responsibility of the current administration to honour every condition attached to the programme. He said meeting those targets has been central to Ghana's successful performance under the programme and has positioned the country to exit IMF support.
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Finance Minister Dr. Cassiel Ato Forson has defended the government's restrained spending, warning against abandoning fiscal discipline. He argues
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