“Please reduce your prices to reflect the reality” – Ato Forson begs private sector

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Dr Ato Forson

Finance Minister Dr Cassiel Ato Forson has begged Ghana’s private sector to reduce their prices to reflect the reality.

According to Ato Forson, it is time for the private sector give back to the Ghanaian people, as they have been the biggest beneficiary of the economic reset.

Speaking at a presidential dialogue with the private sector on February 23, 2026, Dr Forson stated, “The private sector is the biggest beneficiary of the economic reset under your administration. I want to use this opportunity to urge the private sector that it is time to give something back to the Ghanaian citizen.

Please reduce your prices to reflect the reality, and let us together make our country great and strong”.

Some Ghanaians reacting to the Finance Minister’s remarks wrote, “Tell him to go into the market himself and ask traders about why they’re not reducing their prices.

Visit shops and have a one-on-one chat with them,  feel their sentiments and empathise with them”.

Another X user added, “The reality is that his clueless yet greedy gov’t keeps introducing new taxes, and also keeps raising old taxes, and utility tariffs.

How does he expect the private sector to reduce prices when the gov’t is increasing taxes and tariffs consistently?”.

Another Ghanaian added, “It will not happen, you don’t fully control the market. The lesson is to partner with the private sector to provide services that we currently import. Eg, We import almost all our electrical and building materials, start manufacturing them here, cut down on imports”.

One more netizen wrote, “Dear Finance Minister. Thank you so much for this call for price reductions. Please let it not be only a statement. Your ministry must make it an outcome to be measured and monitored. That said, public institutions are equally very guilty. ECG is leading the pack”.

One X user added, “Again, we have rubber plantations in Ghana, why can’t we start producing car tyres and other plastic products we import? During  Nkrumah’s time, we were producing car tyres in Ghana”.

A netizen quizzed, “Why don’t we have a price regulation,  and also have weighing scales to determine some price items…

Like a tuber of yams, fish,  like it is done elsewhere in China or Japan, even just up here in Egypt”.

“Typical Ghanaian is a wicked person on this earth. Please, we are building a country, not political parties. Reduce your prices na moy3 wicked dodo aden oooh..wicked souls in suits, dey full churches and mosques, everyday/night hypocrites”, a netizen added.

“Crying and pleading won’t solve the equation. The government must have state-owned shops and warehouses to enforce price regulations”, one more Ganaian wrote.

Additionally, an X user added, “He shamelessly reduced the price of cocoa without taking into consideration cocoa bags, which had already been paid for at society levels. Creating debts for Purchasing Clerks and Managers.. just a reckless decision maker”

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