An associate professor and Director of the Trade Growth Network, Prof. Evans Akwasi Gyasi, has praised Ghana’s 2025 Mid-Year Budget, describing it as clear evidence that the country is making strong economic progress.
Speaking during an interview on JoyNews Prime after Finance Minister Dr. Cassiel Ato Forson’s presentation to Parliament, Prof. Gyasi said the budget reflects stability across all major macroeconomic indicators.
“If you look at all the macro indicators, if you want to judge them in the economy, there are about eleven indicators that you need to use: the GDP, inflation, unemployment, trade balance, currency stability, FDI inflows, and business environment. I think the economy ticked all the boxes,” he stated.
Prof. Gyasi pointed to the stability of the cedi, falling inflation, and consistent debt servicing as signs that the government’s economic management is paying off.
“You will realise that the cedi has been stabilised, inflation is down, business environment is conducive for investment, when it comes to our debt services, we are up to date,” he said.
He urged the government to sustain its current policy direction, noting that structural reforms and a growth-focused approach would improve investor confidence and economic resilience.
“So far, so good. Whatever the Finance Minister and his team are doing, may it continue. I think they are doing a fantastic job,” he added.
Earlier in Parliament, Dr. Forson dismissed criticism over the government’s spending priorities, insisting the 2025 Mid-Year Budget reflects strategic and impactful fiscal decisions.
