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 Finance Minister Dr. Mohammed Amin Adams has asserted that the government has successfully maintained fiscal discipline in the lead-up to the December 7 general elections, despite ongoing pressures related to infrastructure development and economic challenges.



In a press conference held in Accra on December 3, Dr. Adams highlighted the government&#8217;s commitment to controlling spending and avoiding budget deficits. 



He noted that, even amid significant infrastructure projects being commissioned across the country, the administration has adhered to prudent fiscal policies.



“In an election year, we have maintained uncharacteristic fiscal discipline,” Dr. Adams stated, pointing to various projects launched by President Nana Akufo-Addo. “We have continued to stay the course and invest in our people.”



The Finance Minister also addressed concerns regarding investment losses tied to the government’s debt restructuring program, a consequence of the economic downturn induced by the COVID-19 pandemic. 



Dr. Adams reassured affected Ghanaians that their losses are expected to be recovered by the end of 2026, citing anticipated economic rebound and improvements in macroeconomic indicators.



During the monthly briefing, he emphasized the government’s commitment to implementing long-term policies aimed at sustaining economic recovery. 



Dr. Adams expressed confidence that these strategies would restore economic stability and create favorable conditions for the recovery of investments, reinforcing the government&#8217;s focus on fiscal responsibility even in challenging times.

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Gov’t Has Maintained Fiscal Discipline Despite 2024 Elections- Finance Minister

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AUTHOR: Perpetual Tweneboah Koduah

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