It Is Far Easier to Believe One Who Says He’d Build a New Economy with $10bn – Franklin Cudjoe

According to an Official Facebook Post by Franklin Cudjoe on 11 November 2026, the founding president of IMANI Africa has defended Finance Minister Dr Cassiel Ato Forson against critics questioning the government’s economic management and its plans for rebuilding Ghana’s economy.

In a strongly worded post, Cudjoe argued that he finds it easier to believe a leader who presents a bold economic vision backed by claims of fiscal discipline and debt reduction than those who, in his view, develop economic explanations only after the events and challenges they helped create have already occurred.

He specifically referenced the proposed $10 billion economic vision, arguing that the promise to build a new economy without relying on additional external borrowing deserves consideration, particularly in the context of Ghana’s recent debt difficulties.

Cudjoe also highlighted what he described as significant improvements in Ghana’s debt position. He claimed that the country’s debt-to-GDP ratio had declined from 65 per cent to 45 per cent within a single year, attributing the reported reduction to strict fiscal discipline.

According to him, such an achievement demonstrates the importance of credible economic leadership and the willingness to make difficult decisions to restore confidence in the economy.

The IMANI Africa founder further recalled the challenges Ghana faced during its debt crisis, including difficulties accessing international capital markets and the country’s deteriorating creditworthiness. He argued that the economic situation required decisive leadership to restore the country’s financial standing and create conditions for renewed growth.

His comments appear to be directed at individuals questioning the credibility of the Finance Minister’s economic proposals and the government’s broader recovery strategy. Cudjoe suggested that critics should assess the proposals against the economic circumstances Ghana inherited and the results being presented rather than dismissing them outright.

He also questioned why Ghanaians should place confidence in individuals who, according to him, offer theories and explanations only after economic developments have unfolded, particularly when those developments were partly influenced by decisions made during their own period of responsibility.

The post comes amid heightened political and economic debate ahead of the government’s 2027 Budget Statement, with supporters and critics of the administration offering competing interpretations of Ghana’s economic performance.

Cudjoe’s intervention adds to the defence of Ato Forson’s economic management, particularly on issues of debt sustainability, fiscal discipline and the government’s ambition to finance a new phase of economic transformation.

However, the claims about the $10 billion economic vision and the reduction in the debt-to-GDP ratio remain matters that require examination against official budget figures, debt statistics and the precise definitions used in calculating the country’s debt position.

Source: Franklin Cudjoe – Official Facebook Post, 11 November 2026.