Finance Minister Dr. Cassiel Ato Forson revealed that the 91-day Treasury bill rate had dropped from 28.19% to 17.72%, while the 182-day rate fell from 28.92% to 18.97%.
During the 2025 budget presentation, he stated that there has been a significant decline in the first two months of 2025. He attributed this decline to improved fiscal management and growing trust in the government’s economic policies.
According to him, it is proof that investor confidence is returning, and even though the government inherited an economy in deep trouble, they are taking the right steps to make the country work again.
“This is a clear indication that investor confidence is returning, and we are beginning to see the impact of prudent fiscal management. Lower interest rates mean lower borrowing costs for businesses and individuals. We inherited an economy in deep distress, but we are taking the right steps to fix it. This is just the beginning” the Finance Minister added.
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Story by: Edmong Akpalu| univers.ug.edu.gh
