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Business News of Tuesday, 4 March 2025

    

Source: www.ghanawebbers.com

Recent reduction in T-Bills has saved Ghana GH¢1bn – Ato Forson

Finance Minister Dr. Cassiel Ato Forson play videoFinance Minister Dr. Cassiel Ato Forson

Finance Minister Dr. Cassiel Ato Forson announced that Ghana has saved GH¢1 billion due to a recent reduction in Treasury bill (T-bill) rates.

Speaking at the National Economic Dialogue on March 3, 2025, he emphasized that these savings would be redirected to critical sectors to boost economic development.

Dr. Forson highlighted that lower borrowing costs would reduce the government's financial burden, ensuring prudent fiscal management and supporting macroeconomic stability. He called for continued fiscal discipline and stakeholder support to sustain economic reforms.

While acknowledging the positive impact of the T-bill rate reduction, he stressed the need for further policy interventions to strengthen Ghana’s financial position and promote long-term economic growth.