Finance Minister Dr Cassiel Ato Forson has defended the government’s spending priorities, saying inherited debts and the need to stabilise Ghana’s economy are limiting available resources.
Speaking on Joy News’ PM Express on Thursday, November 12, after presenting the 2027 Budget to Parliament, Dr Forson said the government must settle outstanding debts and restore market confidence to prevent another economic crisis.
“I’m spending, but you see, people don’t appreciate it,” he said.
He argued that abandoning debt obligations could push Ghana back into economic turmoil.
“These are not normal times. I need to take the country off crisis. I need to restore market confidence. I need to pay the debt that has fallen due,” he stated.
Dr Forson stressed that debt repayment must take priority, with remaining resources allocated to other national development needs.
“I have my obligations. One, pay your debt; enough of what will be left, you will use it for others,” he added.
