Finance Minister Dr. Ato Forson has highlighted Ghana’s notable progress toward regional economic stability during the presentation of the 2026 Budget under the theme, “Resetting for Growth, Jobs, and Economic Transformation.”
According to the minister, Ghana has met five of the six ECOWAS convergence criteria by the third quarter of 2025, reflecting disciplined fiscal management, structural reforms, and tight monetary policy.
Ghana’s fiscal deficit stood at 2.3 percent of GDP, gross external reserves covered 4.8 months of imports, public debt was stabilized at 48.9 percent of GDP, and central bank financing remained at zero. Inflation, while slightly above the ECOWAS limit, fell to 8 percent in October 2025 from 23.8 percent at the end of 2024.
“The achievements show that Ghana is stabilizing its economy and reasserting leadership in regional integration,” Dr. Forson said.
The Finance Minister reaffirmed Ghana’s commitment to the ECOWAS Single Currency Programme and pledged continued policy coordination with member states to deepen economic integration.
