Ghana's President John Dramani Mahama says the country's economy keeps getting better. He credits smart money management and good policies from his team. The government wants to balance the budget and collect more taxes at home. Officials also want to spend public money more wisely.
The Finance Ministry works closely with Ghana's central bank on these goals. They fight high prices and keep the local currency steady. The government also talks with creditors about reducing debt. These steps help people trust the economy again and give leaders room to fund growth projects.
Mahama spoke at a meeting with European Union partners on Tuesday. He talked about fairness and new ideas for fixing the economy. His administration promises to keep working on stable finances through careful budget control and better tax collection. They also want to cut wasteful spending.
Recent results show the plan works. Fitch rating agency changed Ghana's credit score to B-minus with a stable outlook. This upgrade happened just one day before Mahama's speech. The better rating means investors see less risk when lending money to Ghana.
The government also makes changes to rules and institutions. These reforms aim to make operations more open and honest. They also want to reduce waste and bring in more tax money. The European Union helps Ghana with budget management, tax reforms, and fighting corruption.
The Finance Ministry works closely with Ghana's central bank on these goals. They fight high prices and keep the local currency steady. The government also talks with creditors about reducing debt. These steps help people trust the economy again and give leaders room to fund growth projects.
Mahama spoke at a meeting with European Union partners on Tuesday. He talked about fairness and new ideas for fixing the economy. His administration promises to keep working on stable finances through careful budget control and better tax collection. They also want to cut wasteful spending.
Recent results show the plan works. Fitch rating agency changed Ghana's credit score to B-minus with a stable outlook. This upgrade happened just one day before Mahama's speech. The better rating means investors see less risk when lending money to Ghana.
The government also makes changes to rules and institutions. These reforms aim to make operations more open and honest. They also want to reduce waste and bring in more tax money. The European Union helps Ghana with budget management, tax reforms, and fighting corruption.
