The Akufo-Addo-led administration is prepared to start structural reforms with the 2023 budget, according to Madam Abena Osei-Asare, Deputy Finance Minister of Ghana and Member of Parliament for Atiwa East Constituency.

On December 7, 2022, the Deputy Minister expressed concern and disappointment over the cedi's severe depreciation against the dollar during an appearance on Ekosisen, a political program on Asempa FM.

The Finance Minister last month presented the nkabom budget for the year 2023, which has caused discussions across the length and breadth of the country. As part of the recovery of the Ghanaian economy, the Finance Minister launched the Debt Exchange Program on December 5, 2022, which has raised some concerns among domestic investors.

Touching on these issues, the Deputy Finance Minister said the Debt Exchange Programme is in place to restore confidence in the economy and bring it back to its feet. She also added that the halt of the one million Ghana Cedis per constituency, the fifty percent reduction of fuel allocation to government appointees, and salary cuts are all among other projects that the Finance Ministry, in collaboration with the government, wants to roll out to reform the economic structure.

Madam Osei-Asare pleaded with domestic investors to support the government in putting the economy back on its feet.