Minister of Finance, Dr. Cassiel Ato Forson
Minister of Finance, Dr. Cassiel Ato Forson has revealed that the economic situation inherited by the John Mahama administration is worse than initially anticipated before the 2024 general elections.
According to Presidential Spokesperson Felix Kwakye Ofosu, Dr. Forson made this statement during President John Mahama’s first cabinet meeting on Thursday, February 20, emphasizing that “the economic situation is dire, and the numbers are worse than we had known in the period of elections.”
In light of these pressing economic challenges, Dr. Ato Forson is set to present the government’s first major budget statement on March 11, 2025.
The budget is expected to outline strategies to stabilize the economy and implement key policies of the John Mahama administration.
President Mahama has also announced his 19-member cabinet, which includes the Minister of Finance, Dr. Cassiel Ato Forson, Minister for Interior, Muntaka Mubarak, Attorney General and Minister for Justice, Dr. Dominic Ayine, Minister of Education, Haruna Iddrisu, Foreign Affairs Minister, Samuel Okudzeto Ablakwa among others.
Their appointment is in accordance with Article 76 (1) of the 1992 Constitution, which states that “There shall be a Cabinet which shall consist of the President, the Vice-President, and not less than ten and not more than nineteen Ministers of State.”
Per Article 76 (2), “The Cabinet shall assist the President in the determination of general policy of the Government.”
MA
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