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The Minister for Finance, Dr. Cassiel Ato Forson, has acknowledged that Ghana is facing significant fiscal challenges, emphasizing the urgent need for decisive action. 



Speaking at the opening session of the National Economic Dialogue, he highlighted the country&#8217;s fragile economic state and the pressing requirement for sustainable financial management.



Dr. Forson pointed out that the government&#8217;s ability to meet its financial obligations is under strain due to high debt levels, revenue shortfalls, and rising expenditures. He stressed that addressing these challenges requires a collective effort from all stakeholders.



“We face serious fiscal challenges that demand bold and strategic decisions. We must ensure fiscal discipline and implement reforms that will restore confidence in our economy,” he stated.



He underscored the importance of the National Economic Dialogue in shaping solutions to Ghana’s financial difficulties. 



According to him, this platform provides an opportunity for reflection and the development of forward-thinking policies aimed at preventing future economic crises.



“This dialogue is a critical step in assessing our economic situation and finding practical solutions to move our country forward,” he added.



Dr. Forson assured Ghanaians that the government remains committed to implementing reforms that will stabilize the economy and promote long-term growth. 



He urged all participants to actively contribute to the discussions, stating that the success of the dialogue will be key in shaping policies that address Ghana’s fiscal difficulties.

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We Face Serious Fiscal Challenges – Ato Forson

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AUTHOR: Perpetual Tweneboah Koduah

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