Ghana is transitioning from economic stabilisation to a growth-focused phase, following improved debt outlook and renewed engagement with the World Bank.
Minister for Finance, Cassiel Ato Forson, said the country is firmly on the path to debt sustainability, describing the development as a key turning point in Ghana’s economic recovery efforts.
He made the remarks after meeting with the World Bank’s Regional Vice President for Western and Central Africa, Ousmane Diagana, on the sidelines of the IMF-World Bank Spring Meetings in Washington, D.C.
According to the Minister, the government will now prioritise growth-driven sectors, including commercial agriculture and agribusiness, energy development particularly gas-to-power and gas-to-fertiliser—education, and infrastructure.
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Dr. Forson noted that while the focus shifts to growth, the government will maintain fiscal discipline and continue to protect vulnerable populations.
He also welcomed the World Bank’s continued support, stating that the partnership will be crucial in sustaining economic gains and promoting inclusive growth.
