Falling T-Bill rates saved Ghana GH¢8.8 billion in nine months - Dr Ato Forson

The Minister of Finance, Dr Cassiel Ato Forson, has announced that the government saved approximately GH¢8.8 billion between January and September 2025, following a sharp decline in Treasury bill rates.

According to Dr Ato Forson, the reduction in short-term borrowing costs is a direct result of fiscal discipline, prudent economic management, and renewed investor confidence in the domestic debt market.

Delivering the 2026 Budget Statement and Economic Policy in Parliament on Thursday, November 13, 2025, Dr Ato Forson emphasised that the savings reflect the government’s ongoing efforts to consolidate gains from recent macroeconomic reforms, which have brought inflation under control and stabilised the cedi.

“Falling Treasury bill rates have significantly eased the cost of government borrowing, saving the nation GH¢8.8 billion within the first nine months of this year,” he said.

The Finance Minister attributed the positive trend to President John Dramani Mahama’s Economic Reset Agenda, which emphasises growth, job creation, and long-term fiscal sustainability.

He added that inflation has fallen faster than expected and that Ghana's public debt is now on a downward trajectory following measures instituted by the government.

SP/BAI

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