Ghana’s government has recorded substantial savings of about GH¢8.8 billion between January and September 2025, thanks to a notable drop in Treasury bill rates.
Finance Minister Dr Cassiel Ato Forson explained in Parliament on November 13, 2025, that the decline in short-term borrowing costs stems from disciplined fiscal management, prudent economic policies, and renewed investor confidence in the domestic debt market.
The reduction in Treasury bill rates has eased government borrowing, allowing significant savings that reinforce the impact of ongoing macroeconomic reforms. These reforms have helped stabilise the cedi, brought inflation under control, and improved overall economic stability.
Dr Ato Forson credited the positive outcome to President John Dramani Mahama’s Economic Reset Agenda, highlighting the government’s focus on growth, job creation, and sustainable fiscal management. He noted that public debt is now trending downward, reflecting the success of strategic economic measures implemented over the year.
