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

The Minister for Finance, Dr Cassiel Ato Forson (MP), has assured banks that the government remains committed to responsible economic management and will not repeat the financial instability experienced in 2022.
He emphasised that lessons have been learned from past economic challenges, and the government is determined to implement measures that promote stability and growth.
Speaking at a meeting with over 22 Managing Directors of banks, Dr Forson highlighted the importance of maintaining fiscal discipline to support the country’s economic recovery.
He noted that reckless financial decisions would not be tolerated, as the government aims to restore confidence in the banking sector and the broader economy.
The Finance Minister stressed that a coordinated policy approach would be essential in ensuring sustainable growth and protecting the financial system from future crises.
He urged banks to collaborate closely with the government in implementing strategies that enhance liquidity, encourage investment, and strengthen economic resilience.
Dr Forson reiterated that the government’s priority is to create a stable economic environment that benefits both financial institutions and the general public.
He reassured banking executives that policies would be carefully designed to support long-term stability, ensuring that Ghana’s financial sector remains strong and capable of driving national development
Source: Classfmonline.com/Cecil Mensah
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