The Minister for Finance, Dr Cassiel Ato Forson (MP), has assured banks that the government remains committed to responsible economic management and will not repeat the financial instability experienced in 2022.
He emphasised that lessons have been learned from past economic challenges, and the government is determined to implement measures that promote stability and growth.
Speaking at a meeting with over 22 Managing Directors of banks, Dr Forson highlighted the importance of maintaining fiscal discipline to support the country’s economic recovery.
He noted that reckless financial decisions would not be tolerated, as the government aims to restore confidence in the banking sector and the broader economy.
The Finance Minister stressed that a coordinated policy approach would be essential in ensuring sustainable growth and protecting the financial system from future crises.
He urged banks to collaborate closely with the government in implementing strategies that enhance liquidity, encourage investment, and strengthen economic resilience.
Dr Forson reiterated that the government’s priority is to create a stable economic environment that benefits both financial institutions and the general public.
He reassured banking executives that policies would be carefully designed to support long-term stability, ensuring that Ghana’s financial sector remains strong and capable of driving national development.
Latest Stories
-
Daily Insight for CEOs: Driving business growth through strategic partnerships
2 hours -
AI job application rise ‘risks hiring incapable staff’
3 hours -
Chinese electric carmaker BYD sales beat Tesla
3 hours -
Hyundai unveils $21bn US expansion as Trump tariffs loom
3 hours -
GoldBod bill will give powers to appointed inspectors to arrest gold smugglers – Sammy Gyamfi
3 hours -
Former Tottenham defender Vertonghen to retire
4 hours -
“Nea Ye Boe”: To Revoke or Amend? L.I on Mining in Forest Reserves
4 hours -
Columbia University student protester sues Trump to stop deportation
4 hours -
Disdain for Europe in US Signal chat horrifies EU
4 hours -
(Rtd) Chief Supt. of Police, Gladstone Kwasi Bonuedi
4 hours -
Erastus Paatey Adjokatcher
4 hours -
Nigeria’s World Cup bid falters after draw with Zimbabwe
4 hours -
Real Madrid in talks over finalising Alexander-Arnold signing
4 hours -
We apologise for any distress caused – A&C Mall management on solar panel collapse
4 hours -
Give fair notice to consumers over increase in subscription fees – CUTS International to MultiChoice
5 hours