Ghana’s economy is on a steady trajectory, according to Associate Professor Evans Akwasi Gyasi, Director of the Trade Growth Network, who has praised the 2025 Mid-Year Budget as a strong signal that the country is moving in the right direction.
Reacting to the budget presentation by Finance Minister Dr. Cassiel Ato Forson on JoyNews Prime Thursday night, Prof. Gyasi applauded the government’s performance, highlighting progress across key macroeconomic indicators.
“If you assess the major economic indicators — GDP, inflation, unemployment, trade balance, currency stability, FDI inflows, and the overall business environment — the economy ticks nearly all the boxes,” he stated.
He pointed to the sustained appreciation of the cedi, declining inflation, and consistent debt servicing as evidence of sound fiscal management and economic recovery.
“We’ve seen the cedi stabilising, inflation trending downward, and a more attractive environment for business and investment. Even on the debt front, Ghana has been diligent in meeting its obligations,” Prof. Gyasi noted.
The trade expert urged the government to stay the course and deepen structural reforms, which he believes will further boost investor confidence and enhance long-term economic resilience.
“So far, so good. Whatever the Finance Minister and his team are doing, they should keep at it. I believe they’re doing a fantastic job,” he said.
During his presentation to Parliament, Finance Minister Dr. Forson pushed back against criticisms that the government is not prioritising essential spending, insisting that the budget reflects a balanced and growth-oriented approach.
