Economy on sound recovery path — Minister

The minister stated that the fiscal correction programme strengthened expenditure discipline, restored debt sustainability and enhanced public financial management through measures, including amendments to the Public Financial Management Act, the establishment of the Fiscal Council and the Value for Money Office; tighter procurement controls and a commitment authorisation regime extended to state-owned enterprises.

The reforms Dr Forson said the reforms had strengthened public financial management, restored fiscal credibility, improved revenue mobilisation, reduced fiscal risks and reinforced macroeconomic stability.“Ghana's recovery is as a result of superior economic management,” Dr Forson told Parliament during the presentation of the 2026 Mid-Year Fiscal Policy Review in Accra yesterday.