The Minister of Finance, Dr Cassiel Ato Forson, has assured Ghanaians that the government will shift its focus from relying heavily on taxes to slashing expenditure to address the fiscal deficit and public debt.
He made this statement while presenting the 2025 Budget under the theme: "Resetting the Economy of Ghana We Want" on March 11, 2025, in Parliament.
He indicated that fiscal deficit and public debt strongly featured among the key concerns raised by Ghanaians during the recent National Economic Dialogue. "Mr.
Speaker, Ghanaians, through the recent National Economic Dialogue, have expressed a clear desire for the fiscal deficit and public debt to be reduced through cuts in government spending rather than through only tax measures.
