PwC has recommended the federal government and the Financial institution of Ghana for the fiscal and financial self-discipline exhibited within the first six months of 2025, notably the first surplus achievement, debt discount, and forex stabilisation.
In line with the skilled providers agency, there’s a normal view that companies and households are already feeling reduction from decrease inflation.
Certainly, it stated in its evaluation of the 2025 Mid-12 months Evaluate Funds that some retail shops introduced worth reductions within the wake of decrease inflation, however many merchants within the casual markets stay adamant about dropping costs.
The Minister additionally reported that non-public sector lending by banks elevated by 31.3% in June 2025 reflecting an easing within the credit score market.
“We summarise the technique used to realize these outcomes as follows: fiscal restraint and robust coordination with financial authorities. Nonetheless, it’s our view that sustaining the progress posted to date would require cautious sequencing of reforms, efficient stakeholder coordination, and environment friendly programme supply. Plus, clear communication, robust impartial oversight, and well timed execution of the conceived initiatives will likely be important”, the skilled providers agency stated.
It continued that self-discipline and well timed execution are notably vital as a result of dangers stay—notably from persistent international financial uncertainties, commerce and geopolitical tensions, in addition to risky commodity markets.
It added that these exterior elements, coupled with the necessity to maintain home reforms and handle substantial debt compensation humps within the coming years, necessitate steady vigilance on the a part of authorities.
“From a personal sector standpoint, the improved macroeconomic situations start to create an enabling atmosphere for renewed funding. Nevertheless, readability round coverage interventions—notably in tax coverage, digitalisation, and industrial incentives—are key to unlocking and sustaining enterprise confidence”, it stated.
“For policymakers—notably the Minister for Finance—we advise that continued adherence to fiscal self-discipline and the rigorous implementation of Act 921 are paramount”, it alluded.
It advisable to authorities a pointy deal with what it think about foundational actual sectors to which useful resource allocation ought to be prioritised.
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DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially characterize the views or coverage of Multimedia Group Restricted.
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