Stability: Finance Minister enjoys President Mahama’s full backing – Deputy Finance Minister

Stability: Finance Minister enjoys President Mahama’s full backing – Deputy Finance Minister

Deputy Finance Minister Thomas Ampem Nyarko has dismissed suggestions of any division within the government's economic management team, insisting that Finance Minister Dr. Cassiel Ato Forson has the unwavering confidence and support of President John Dramani Mahama.

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<h1><br></h1><p>Speaking amid public discussions about Ghana's economic direction, the Deputy Minister described reports questioning the Finance Minister's standing as unfounded, emphasizing that the President remains firmly behind Dr. Forson and his economic agenda.</p><p>According to Ampem Nyarko, the government's focus is on maintaining macroeconomic stability, sustaining the gains recorded in recent months, and implementing policies aimed at restoring investor confidence and improving the livelihoods of Ghanaians. He stressed that speculation over the Finance Minister's position is unnecessary and distracts from the administration's efforts to strengthen the economy.</p><p>The Deputy Minister also pointed to improvements in key economic indicators, including the relative stability of the cedi, easing inflationary pressures and declining interest rates, arguing that these developments reflect the effectiveness of the government's fiscal and monetary policies. He maintained that the Finance Ministry remains committed to prudent financial management and disciplined public spending.</p><p>His remarks come shortly after Dr. Cassiel Ato Forson presented the 2026 Mid-Year Budget Review to Parliament, where he highlighted progress in macroeconomic performance and reaffirmed the government's commitment to fiscal consolidation, debt sustainability and inclusive economic growth. The Finance Minister said the administration would continue implementing reforms to protect the gains achieved while creating opportunities for businesses and households.</p><p>Ampem Nyarko reiterated that President Mahama has consistently expressed confidence in the Finance Minister's leadership and has tasked the Finance Ministry with driving policies that will secure long-term economic stability. He urged the public to focus on the government's economic outcomes rather than political speculation, noting that the administration remains united in pursuing its development agenda.</p><p>The Deputy Minister concluded that the government's priority is to build a resilient economy capable of delivering sustainable growth, creating jobs and improving living standards across the country.</p>
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