General News of Thursday, 20 March 2025
Source: www.ghanawebbers.com
Finance Minister Ato Forson has assured that the government has established sufficient financial reserves to meet all obligations under the Domestic Debt Exchange Programme (DDEP). Speaking at a recent press conference, he emphasized that these buffers are designed to ensure the stability of the economy and protect investors' interests. The DDEP, aimed at restructuring domestic debt, is pivotal for Ghana's fiscal health amidst ongoing economic challenges. Forson's statement comes as part of broader efforts to instill confidence among stakeholders regarding the government's commitment to fiscal responsibility and debt sustainability. He underscored that by creating these financial safeguards, the government is prioritizing transparency and accountability in its economic management. This proactive stance is expected to foster a more stable financial environment, crucial for attracting investment and stimulating growth in the country. As Ghana navigates through significant economic reforms, maintaining credibility with creditors and investors remains a top priority for the administration.