NDC Walsall Branch UK

[Cassiel Ato Forson (PhD) @Cassielforson]

GOVERNMENT DELIVERS ROBUST 2025 FISCAL PERFORMANCE AND BROAD-BASED MACROECONOMIC TURNAROUND

The year 2025 marked one of the most significant economic turnarounds in Ghana’s history.

Government successfully reversed the economic challenges inherited, as evidenced by the following end-2024 indicators:

i. The primary balance on commitment basis recorded a deficit of 3.0 percent of GDP;
ii. The 91-day Treasury bill rate was at an extremely high 27.7%;
iii. The Ghana cedi depreciated by 19.2% against the US dollar; and
iv. Inflation was high at 23.8%.

Through a combination of fiscal discipline, commitment controls, deepened structural reforms, and prudent monetary policy, macroeconomic stability has been restored and public finances placed back on a sustainable path.

Reforms in revenue mobilization and spending control anchored fiscal performance in 2025, resulting in the following outcomes:

i. The overall fiscal balance on commitment basis recorded a deficit of 1.0% of GDP, significantly outperforming the target deficit of 2.8% of GDP.
ii. The primary balance on commitment basis improved significantly to a surplus of 2.6% of GDP, exceeding the target surplus of 1.5% of GDP.
ii. The overall fiscal balance on cash basis recorded a deficit of 3.1% of GDP, better than the target deficit of 3.8% of GDP.
iii. The primary balance on cash basis achieved a surplus of 0.5% of GDP

The strong outturn in the 2025 fiscal performance, coupled with sound debt management strategies, resulted in lower public debt levels.

Ghana’s public debt stock reduced significantly by GH¢82.1 billion, from GH¢726.7 billion (61.8% of GDP) in December 2024 to GH¢641.0 billion (45.3% of GDP) in December 2025. This represents one of the sharpest debt reductions in Ghana’s history.

Beyond fiscal consolidation, significant macroeconomic gains have also been delivered, with key indicators rebounding strongly.

Key Macroeconomic Performance Highlights:

A. Real GDP growth strengthened, with a provisional 6.1% year-on-year growth in the first three quarters of 2025, driven mainly by services and agriculture.

B. Non-oil growth was even higher at 7.5% in the first three quarters of 2025, compared to 5.8% in the same period in 2024.

C. Inflation has fallen for thirteen consecutive months, declining sharply by 19.7 percentage points, from 23.5% at the end of January 2025 to 3.8% at the end of January 2026.

D. Interest rates have fallen sharply, with the 91-day Treasury bill rate dropping from 27.7% at end-2024 to 6.5% in February 2026, lowering government borrowing costs and freeing up credit for the private sector.

E. The average commercial bank lending rate fell sharply from 30.25% in 2024 to 20.45% in 2025. With inflation currently at 3.8%, the downward trend is expected to continue.

F. Credit to the private sector expanded by GH¢17.1 billion in 2025, with further growth expected in 2026.

G. The cedi appreciated against the US dollar by 40.7% by end-December 2025, 30.9% against the pound sterling, and 24.0% against the euro.

H. Our external position strengthened, with the current account recording a surplus of US$9.1 billion by end-December 2025, up from US$1.5 billion in 2024.

I. Gross international reserves reached US$13.8 billion, enough to cover 5.7 months of imports.

The macroeconomic turnaround is broad-based and comprehensive. All sectors of the Ghanaian economy have witnessed remarkable improvement.

For emphasis, between 2024 and 2025:

i. Inflation reduced significantly from 23.8% to 5.4% and is currently at 3.8%.
ii. The cedi appreciated against the US dollar by 40.7% in 2025, compared to a depreciation of 19.2% in 2024.
iii. The 91-day Treasury bill rate reduced from a high of 27.7% in December 2024 to 11% in December 2025 and is currently 6.5%.

iv. Public debt reduced significantly by GH¢82.1 billion, from GH¢726.7 billion (61.8% of GDP) in December 2024 to GH¢641.0 billion (45.3% of GDP) in December 2025.

[Sam Okudzeto Ablakwa @S_OkudzetoAblak]

The Ghanaian Government is pleased to note that our refusal to accept Abrego Garcia has been duly acknowledged and complied with by the US Department of Homeland Security.

We have also followed with satisfaction that DHS has today taken the appropriate steps to inform Garcia’s lawyers and amend court submissions to reflect the fact that Ghana cannot be an option for Garcia’s deportation.

The Mahama Administration will continue to be transparent and truthful to Ghanaians at all times.

For God and Country 🇬🇭 🙏🏾

[NDC Walsall Branch UK @NDCWalsallUK]

Thank you for speaking the truth and God bless you Amanda🥰🥰

[NDC Walsall Branch UK @NDCWalsallUK]

Effective September 18, 2025, the Bank of Ghana has suspended all the remittance partnerships of the following Money Transfer Operators (MTOs) for a period of one (1) month:

Taptap Send

Top Connect

Remit Choice

Send App

Afriex

#walsallbranch

[NDC Walsall Branch UK @NDCWalsallUK]

The first-ever KPIs for Ghanaian Ambassadors duly launched by President Mahama.

We shall make sure we deliver impactful diplomacy to reset, transform and create real opportunities for all.

For God and Country. 🇬🇭 🙏🏾

[NDC Walsall Branch UK @NDCWalsallUK]

Hon. Eric Opoku, Minister for Food and Agriculture, a trusted hand driving Ghana to food security empowering farmers, reducing imports strengthening the cedi, and restoring dignity to agriculture.

[NDC Walsall Branch UK @NDCWalsallUK]

“We have asked the Postal and Courier Services Regulatory Commission to suspend enforcement for the rest of the year,” Hon. Samuel Nartey George said at a stakeholder consultation with delivery operators and bike riders.

[NDC Walsall Branch UK @NDCWalsallUK]

Good news. A brand new express lane to be built from Accra to Kumasi separate from the dualisation project. We’re working hard 4 the good people of Ghana.

#NDCUK #walsallbranch #Working4U #UCF

[NDC Walsall Branch UK @NDCWalsallUK]

Npp Thieves Exposed

[NDC Walsall Branch UK @NDCWalsallUK]

*BREAKING NEWS:*

THE MUCH-ANTICIPATED GHANA GOLD BOARD BILL HAS BEEN PASSED INTO LAW BY PARLIAMENT THIS MORNING. NDC WORKING FOR YOU THE GOOD PEOPLE OF GHANA 💪🏿👏🏿🙏🏿

[Kevin Taylor @KevinEkowTaylor]

This ECG container theft will end @AfenyoMarkin reign as leader of the silly minority. Please listen to their argument carefully his own people want him out and they are hanging him slowly. 😂😂😂😂

[Kevin Taylor @KevinEkowTaylor]

ECG missing containers

[NDC Online 🇰🇼 @NdcOnlineGh]

THE TIME FOR CHANGE IS NOW!STOP THE “EEEIIII” AND VOTE FOR CHANGE!#VoteForChange#ChooseTheUmbrella #Choose8ToBreakTheir8

[NDC Online 🇰🇼 @NdcOnlineGh]

Hon. Samuel Okudzeto Ablakwa has replied to claims made by the NPP parliamentary candidate that the MP has not been accountable for donations received after residents were displaced due to the dam spillage.

[Joyce Bawah Mogtari @joyce_bawah]

My Brothers and Sisters this is a man who cares about Ghana! A man whose vision and instrumentality fixed Ghana’s power distribution challenges and delivered a sustainable alternative power distribution system. He is the reason why Ghana is no longer dependent on Akosombo ‘Kania’. A vote for #JohnMahamaTheNationBuilder is a vote for progress.
#MahamaForPresident
#ChangeIsComing
#ResettingGhana

[NDC Walsall Branch UK @NDCWalsallUK]

https://t.co/11ygEWXaB0

[NDC Walsall Branch UK @NDCWalsallUK]

@_shattawalenima He’s going crazy and also a big liar, no one should ever trust him and bawumia