Google search engine

The Finance Minister, Dr Cassiel Ato Forson has described his journey in public service as one steered by destiny and enriched by invaluable experiences.

He expressed a deep sense of gratitude to all who have helped him as he recounted his progression through the ranks of public service.

Presenting the 2025 Budget and Economic Policy of government to Parliament on March 11, Dr Ato Forson recalled his early years as a young parliamentarian in 2009, attributing his growth to the lessons learned throughout his years of service.

“Standing here evokes a deep sense of nostalgia as I reflect on my journey in public service. From my early days as a young parliamentarian in this House in 2009, destiny has guided my path—from a backbencher to a member of the Finance Committee, then to Deputy Minister for Finance, Ranking Member on the Finance Committee, Minority Leader, briefly Majority Leader, and now Minister for Finance,” he stated.

Dr Ato Forson stressed the profound impact his time in Parliament has had on shaping his perspective and strengthening his resolve to help revamp Ghana’s economy. He noted that each role he occupied contributed to his preparedness for the critical task of managing the country’s financial affairs.

“The invaluable experience I gained in this chamber has shaped my perspective, sharpened my focus, and prepared me for the task at hand. I am fully committed to supporting the President in restoring Ghana’s economy,” he added.

His remarks underscored the significance of experience in governance, reaffirming his commitment to economic stability and national progress.

With his years of service serving as a foundation, Dr Ato Forson pledged to channel his expertise towards policies that would revitalise Ghana’s economy and improve the lives of its citizens.

The theme of the Budget is “Resetting Ghana for the economy we want.”

Dr Ato Forson stated among others that government’s proposed 24-hour economy policy will be formally presented to Parliament for approval.

The policy, a key initiative of the Mahama-led National Democratic Congress (NDC) government, aims to boost economic productivity by encouraging businesses to operate around the clock.

He also told Parliament that the cocoa sector is collapsing.

He attributed this to high debts in the sector. “COCOBOD’s outstanding debt stands at 32 billion Cedis,” he said.

He stressed “The cocoa sector is sadly on its knees, with unsustainable debts. Cocoa production had dropped nearly by 50 per cent over the past three years.”
Dr Ato Forson assured that the Mahama’s administration will comply with the public procurement process and link them to the approved budget.

“We will respect limit of the appropriations as approved by Parliament.”

The Finance Minister further said that President John Dramani Mahama will restore hope in the economy.

Read also:

‘NPP never implemented the betting tax’ – Amin Adam