The Minister of Finance, Dr Cassiel Ato Forson, has noted that the recent reduction in the subscription of treasury bills has saved the country GH¢1 billion.

He added that the savings from the T-bills would be redirected to address critical areas of the economy.

During the opening session of the National Economic Dialogue on March 3, 2025, he acknowledged the significance of this financial reprieve in supporting the nation’s economic recovery.

“The recent reduction in T-bills alone is saving Ghana about one billion Ghana cedis, and that money can be channeled to critical areas of the economy,” he said.

Ato Forson also explained that this is to ensure prudent fiscal management and reduce the cost of borrowing for the government.

In recent times, the government has been rejecting bids as the demand for T-bills continues to increase.

The minister noted that lower interest rates would help ease the financial burden on the state, adding that it is a step in the right direction, and further policy interventions would be necessary to strengthen Ghana’s financial position.

SSD/MA

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