Franklin Cudjoe, the president of policy think-tank IMANI Africa, has revealed that Ghana’s Finance Minister, Dr Cassiel Ato Forson, has diligently reduced Ghana’s debt from 61% of GDP to 45% in a year.
The IMANI president highlighted the work done by GoldBod CEO Sammy Gyamfi, Finance Minister Dr Ato Forson and BoG Governor Dr Asiama.
According to Franklin Cudjoe, Sammy Gyamfi, Ato Forson, and Dr Asiama are true patriots.
He highlighted that Sammy Gyamfi, who is leading Goldbod, has brought Ghana substantial reserves, which have helped Ghana service its debts.
Franklin Cudjoe further suggested that Ghana loan money to the IMF to help the less-endowed countries.
In a post on X, Franklin Cudjoe wrote, “But seriously, Sammy Gyamfi, Ato Forson and Dr Asiama are true patriots. The Goldbod has brought us substantial reserves, which have not only helped absorb the huge losses Ghana incurred through the G4O programme, but also helped with our debt service obligations”.
“It is instructive to note that the Finance Minister has diligently reduced the debt of Ghana ftom 61% of GDP to 45% in a year!!
I think we should be loaning money to the IMF, so they can help other less-endowed countries”, he added.
Meanwhile, President John Dramani Mahama has told managers of Ghana’s currency to continue whatever they are doing, as the cedi regains respect both locally and internationally.
According to John Mahama, Ghanaians are grateful to the Bank of Ghana and the Finance Ministry for their management of the cedi.
Mahama made this known at the Cedi@60 commemoration by the Bank of Ghana in Accra, themed “Sovereignty, Stability, and Economic Resilience”.
Additionally, Dr Cassiel Ato Forson has praised the Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi.
The Finance Minister stressed that the work Sammy Gyamfi has done at GoldBod will take another person 5 years to accomplish.
According to Ato Forson, the Ghana Gold Board has played a central role in the ongoing stabilisation of the Ghanaian economy.
Speaking in an interview with Radio Gold, Dr Forson stated, “I had to tackle inflation, and I had to tackle structural issues like how we build reserves to make sure the currency stabilises,”
“It is difficult to get such people around. You need someone with energy, drive, determination and a can-do spirit. You need to study people to know who can deliver, and we believe the President made the right choice.”
“To be honest, the kind of work Sammy Gyamfi has done at GoldBod in the last few months, it will take somebody five years to do, and I salute him for that,” he eulogised.
Dr Forson added, “The coordination we have done is working for us. The structural changes we have made, working together with the Central Bank, are yielding results. Today, you can see that the economy is doing well. It is a combination of effort.”
“There is no way we could have achieved even a quarter of what we have achieved without the support of the President,” Dr Forson said.
See the post below:
But seriously, Sammy Gyamfi, Ato Forson and Dr. Asiama are true patriots. The Goldbod has brought us substantial reserves which have not only helped absolve the huge losses Ghana incurred through the G4O programme, but helping with our debt service obligations. It is instructive…
— Franklin CUDJOE (@lordcudjoe) January 4, 2026