“We won’t be reckless” – Finance Minister assures banks

In a recent address, Ghana's Finance Minister Ken Ofori-Atta sought to reassure banking institutions regarding the government's fiscal policies amid economic challenges. He emphasized that the administration would exercise caution and prudence in its financial management strategies, particularly as it navigates economic recovery efforts. The minister acknowledged the critical role banks play in stabilizing the economy and highlighted ongoing discussions with financial sector stakeholders to ensure mutual understanding and collaboration.

Ofori-Atta stressed that the government is committed to engaging transparently with banks while pursuing initiatives aimed at enhancing liquidity and restoring confidence in the financial system. His remarks come at a time when many are concerned about potential risks stemming from government policies that could affect bank operations. The Finance Minister’s commitment to responsible governance reflects an effort to build trust and foster a conducive environment for both banking institutions and their clients. As Ghana faces various economic pressures, he underscored the importance of collective responsibility in achieving sustainable growth and stability within the country's financial landscape.