The Vice President of the Republic of Ghana, Professor Naana Jane Opoku-Agyemang, has commended the Minister for Finance, Dr. Cassiel Ato Forson and staff of the Ministry of Finance for their commitment to implementing reforms aimed at restoring macroeconomic stability and supporting Government's Reset Agenda.
The commendation came during her working visit to the Ministry of Finance as part of a series of visits to Ministries, Departments and Agencies (MDAs) to strengthen coordination between the Presidency and public institutions, assess progress made in implementing Government priorities, and better understand the challenges confronting the various institutions.
During the engagement, the Ministry briefed the Vice President on the country's fiscal outlook and the reforms being undertaken to restore economic stability. The discussions highlighted the difficult fiscal conditions inherited by the Government and the measures being implemented to improve the nation's economic performance.
The Ministry also outlined significant progress made in Ghana's debt restructuring programme, including the successful repayment of Eurobond obligations and other major debt commitments, while preparations continue to meet upcoming debt servicing obligations. Management further reaffirmed the Ministry's commitment to restoring fiscal discipline and reducing the fiscal deficit over the medium term to place the economy on a sustainable growth path.
The Vice President was again updated on key policy reforms and achievements, including amendments to the Public Financial Management and Public Procurement Acts, the enactment of the Value for Money Act, improved domestic revenue mobilisation, COCOBOD's restructuring, and increased funding for key Government initiatives such as the Big Push infrastructure programme and the Women's Development Bank.
Addressing management and staff, Professor Opoku-Agyemang praised the Minister, Dr. Cassiel Ato Forson, the Deputy Minister, Mr. Thomas Nyarko Ampem, management and staff for their dedication, professionalism and commitment to implementing reforms that are beginning to yield economy gains.
She emphasised that the Ministry's decisions have a direct impact on the lives of Ghanaians and stressed the importance of prudent and transparent public financial management. She noted that while significant national resources continue to be devoted to servicing debt obligations, Government remains committed to sustaining the ongoing reform agenda, promoting value addition and strengthening sound budgeting practices.
The Vice President also expressed appreciation to all members of staff, including management, technical officers and support staff, acknowledging their invaluable contribution towards achieving Government's vision of building a stronger, more resilient and prosperous Ghana.