Ato Forson Fires Back at Critics Claiming Ghanaian Traders Cannot Sell Their Goods

The Minister of Finance, Dr Cassiel Ato Forson, has rejected claims that traders are experiencing difficulties selling their goods because of weak consumer demand, describing the assertions as propaganda unsupported by available economic data.

He maintained that key economic indicators point to positive growth in the trade sector, arguing that Ghana’s economy is performing better despite concerns raised by some traders and business owners about prevailing market conditions.

Dr Ato Forson made the remarks during an interactive engagement with students and members of the university community at the Kwame Nkrumah University of Science and Technology (KNUST).

He was responding to concerns over reports that traders were struggling to attract customers and sell their products, allegedly due to reduced purchasing activity.

The Finance Minister disputed the claims, insisting that the country’s economic performance figures do not reflect a decline in trading activities.

He urged critics to assess the available Gross Domestic Product (GDP) growth statistics, which he said demonstrate expansion in the trade sector.

He also pointed to the gradual decline in the prices of goods and services, arguing that the development was improving consumers’ purchasing power and making essential commodities, particularly food, more affordable.

According to him, market women and other traders could provide firsthand accounts of the changing price conditions and their impact on consumers’ ability to purchase basic necessities.

Dr Ato Forson further explained that his priority as Finance Minister was to ensure that public resources were directed towards productive sectors of the economy rather than relying excessively on borrowing to fund government activities.

He cautioned against a return to what he described as unsustainable borrowing practices, warning that such an approach could threaten Ghana’s economic stability and undermine efforts to maintain fiscal discipline.

The Finance Minister reiterated that the country’s economic performance should be assessed using verifiable indicators, particularly GDP growth figures, which he believes provide evidence of continued expansion in the trade sector.

Source: https://www.citinewsroom.com/2026/11/no-empirical-evidence-traders-are-struggling-to-sell-goods-ato-forson/

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