The Minister for Finance, Dr Cassiel Ato Forson, has admitted that Ghana is grappling with serious fiscal challenges, stressing the need for urgent and decisive action.
Speaking at the opening session of the National Economic Dialogue on Monday, March 3, he highlighted the country's fragile economic state and the pressing need for sustainable financial management.
Dr Forson pointed out that the government's ability to meet its financial obligations remains under strain due to high debt levels, revenue shortfalls, and rising expenditure.
He emphasised that addressing these challenges requires a collective effort from all stakeholders.