Dr Cassiel Ato Forson, the Finance Minister, has assured Ghanaians that their money is safe under the current Mahama government.
Ato Forson pledged to manage public finances with honesty, prudence and unwavering accountability.
According to Ato Forson, the ultimate responsibility of a Finance Minister is not measured by the volume of government expenditure but by how effectively public resources are safeguarded.
Delivering the closing remarks of the 2026 Mid-Year Budget Review in Parliament on Thursday, July 23, Dr Forson stated, “The true measure of a Finance Minister is not how much he spends, but how faithfully he protects the resources entrusted to him”.
“The money we manage does not belong to those entrusted to manage it. It belongs to the people of Ghana – it belongs to you!” he declared.
“Every cedi collected in taxes, every cedi borrowed and every cedi spent carries with it a sacred obligation to use it wisely, honestly and always in the national interest”.
“My assurance to this House and to every Ghanaian is simple: your money is safe”, he added
Ato Forson added that under Mahama’s administration, the government remains committed to maintaining sound economic management and protecting the country’s financial stability.
“Under the leadership of President Mahama, your economy is in safe hands. And as long as I have the honour to serve as Minister for Finance, it will remain so.”
“I pledge to level with you always. We will tell you the truth about the state of our public finances, whether the news is welcome or difficult.”
“We will neither conceal our challenges nor exaggerate our successes.”
“Trust is built on truth, and truth must remain the foundation of sound economic management.”
“Our responsibility now is not merely to celebrate these gains but to preserve them for future generations.”
“Economic stability is not an event. It is a duty renewed every day through prudent stewardship, fiscal discipline and unwavering accountability.”
“Under the leadership of President Mahama, and with the determination of the Ghanaian people, Ghana is moving forward, steadily, honestly and together,” he concluded.
Also, Dr Cassiel Ato Forson has revealed that the government plans to introduce a VAT Reward Scheme.
Ato Forson disclosed that the VAT Reward Scheme is aimed at encouraging greater public participation in tax compliance and protecting the country’s tax base
According to Ato Forson, the VAT Reward Scheme will reward consumers who request and obtain valid VAT invoices when making purchases.
He dsiclosed that customers who obtain valid VAT invoices will qualify for periodic rewards under the scheme.
Presenting the 2026 Mid-Year Fiscal Policy Review in Parliament on Thursday, Dr Forson stated, “To encourage participation and improve compliance, the government will also introduce the VAT Reward Scheme under which customers who obtain valid VAT invoices will qualify for periodic rewards”.
“This will actively involve every Ghanaian in protecting the nation’s tax base,” he told Parliament.
“This is how a tax culture is built: not through fear, but through participation, transparency, and reward,” the finance minister stated.
@ghnow_ The Commissioner-General of the Ghana Revenue Authority (GRA), has arrived in Parliament ahead of the presentation of the 2026 Mid-Year Budget Review. Stay with GHNow for live updates and key highlights from the House. #GHnow #fyp ♬ original sound – GHnow
@ghnow_ The Governor of the Bank of Ghana, Dr. Johnson Asiama, has arrived in Parliament ahead of the presentation of the 2026 Mid-Year Budget Review. Stay with GHNow for live updates and key highlights. #GHnow #fyp ♬ original sound – GHnow
