Kpebu: Economy Has Stabilized Under Ato Forson, but High Cost of Living and Transport Fares Persist

Private legal practitioner Martin Kpebu has acknowledged that Ghana’s economy has stabilized under Finance Minister Ato Forson, while cautioning that the cost of living and transport fares remain persistently high.

Speaking on the state of the economy, Kpebu noted that while macroeconomic conditions have improved under the Finance Minister’s stewardship, ordinary citizens are still grappling with the harsh realities of expensive transport fares and a high cost of living. He stressed that economic stabilization at the national level has not yet translated into meaningful relief for households across the country.

According to Kpebu, the stabilization of the economy is a positive development worth recognizing. However, he was quick to point out that this progress does not automatically ease the financial burden on ordinary Ghanaians, many of whom continue to struggle with the rising prices of goods and services as well as the high cost of transportation.

His comments highlight a growing concern that macroeconomic gains may not be felt by the average citizen, whose daily expenses continue to rise despite signs of economic recovery. Kpebu’s remarks suggest that while the Finance Minister deserves credit for stabilizing the economy, more needs to be done to address the pressing cost-of-living challenges facing the public.

The legal practitioner’s observations add to the ongoing national conversation about the gap between economic indicators and the lived experiences of Ghanaians. He appears to be calling for policies that ensure the benefits of economic stabilization reach ordinary people, particularly through measures that reduce transport costs and ease the overall burden of living expenses.

Kpebu’s balanced assessment—acknowledging progress while emphasizing persistent hardships—underscores the need for continued efforts to make economic recovery inclusive and felt at the household level, where the impact of high prices and transport fares remains a daily reality for many Ghanaians.

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