An associate professor and Director of the Trade Growth Network, Prof Evans Akwasi Gyasi, has expressed strong optimism about the country’s economic trajectory, describing the 2025 Mid-Year Budget as a clear indication that Ghana is on the right path.
Speaking in response to the Finance Minister’s presentation on JoyNews Prime on Thursday, Prof Gyasi commended the government for its commendable performance in meeting key macroeconomic targets.
“If you look at all the macro indicators, if you want to judge them in the economy, there are about eleven indicators that you need to use: the GDP, inflation, unemployment, trade balance, currency stability, FDI inflows, and business environment. I think the economy ticked all the boxes,” he said.
He cited the sustained appreciation of the cedi, steady decline in inflation, and consistent debt servicing as evidence of prudent fiscal management.
“You will realise that the cedi has been stabilised, inflation is down, business environment is conducive for investment, when it comes to our debt services, we are up to date,” he added.
He encouraged the government to maintain its current course, adding that continued commitment to structural reforms and growth-driven policies would further strengthen investor confidence and enhance economic resilience.
“So far, so good. Whatever the Finance Minister and his team are doing, may it continue. I think they are doing a fantastic job,” he emphasised.
Presenting the budget in Parliament on Thursday, the Finance Minister, Dr Cassiel Ato Forson, opposed critics who say the government is failing to spend where it matters most.
Read also: ‘We are spending, and spending right’ – Finance Minister defends government’s fiscal priorities
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