🚨 2027 BUDGET: “Ghana Will Not Default Again Under Mahama” – Ato Forson Assures Ghanaians

Finance Minister Pledges Responsible Debt Management as Government Seeks to Protect Ghana’s Economic Recovery

Finance Minister Dr Cassiel Ato Forson has given Ghanaians a strong assurance that the country will not experience another debt default under the leadership of President John Dramani Mahama.

Speaking in Parliament during the presentation of the 2027 Budget Statement on Thursday, November 12, 2026, Dr Forson declared:

“The good news for the people of Ghana is this: Ghana will not default again, on the watch of President John Dramani Mahama.”

The assurance comes after Ghana experienced a major economic and debt crisis that led to a domestic debt restructuring programme and an international debt restructuring process.

The Finance Minister says the government’s priority is to protect the economic stability achieved and ensure that the country does not return to the cycle of excessive borrowing, financial distress and economic uncertainty.

Avoiding another debt default would be important for maintaining investor confidence, protecting Ghana’s international financial credibility and creating a more predictable environment for businesses.

However, sustaining this assurance will require disciplined public spending, responsible borrowing, effective debt management and consistent implementation of fiscal policies.

For ordinary Ghanaians, the expectation is that economic stability will translate into better living conditions, more jobs and a stronger economy.

Ghana must not only recover; it must build an economy capable of sustaining that recovery. 🇬🇭

#2027Budget