Business News of Monday, 13 January 2025

Source: www.ghanaweb.com

'Stable cedi, low prices, job creation' - Ato Forson lists his three key priorities

Cedi stabilization among key priorities of Ghana's incoming Minister of Finance Cedi stabilization among key priorities of Ghana's incoming Minister of Finance

The Minister-designate for Finance, Dr. Cassiel Ato Forson, has outlined three key economic priorities he plans to focus on when he assumes office; maintaining a stable cedi; controlling inflation; and promoting job creation.

During his vetting before the Appointments Committee on January 13, 2025, Dr. Forson emphasised his commitment to stabilizing the economy and improving the livelihoods of Ghanaians.

He revealed that his administration aims to achieve an inflation rate of 8% ±2, a move he believes will help stabilize prices and foster economic growth.

Additionally, he pledged to address the depreciation of the cedi, which has long posed challenges to businesses and investors.

Dr. Forson also assured the committee of his dedication to effectively managing public debt, ensuring that Ghana’s economic recovery efforts are sustainable.

“These priorities will guide our efforts to restore confidence in the economy and create a foundation for long-term growth,” he stated.

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