Dr. Cassiel Ato Forson, the Minister of Finance, is currently at the heart of intense social media debate, particularly on X (formerly Twitter), after the government’s continued failure to meet its treasury bill auction targets.
On Monday, June 23, 2025, the government announced that it had missed its T-bill target for the fourth consecutive time, sparking widespread concern among market watchers and the general public.
Consistent Shortfalls Raise Economic Concerns
Data released by the Bank of Ghana reveals that the latest auction aimed to raise GH¢4.551 billion but only managed to secure GH¢3.379 billion, with GH¢2.952 billion ultimately accepted. This consistent pattern of shortfalls has fueled speculation and criticism regarding the nation’s economic management.
Investor Shift to Higher Yields Cited as a Factor
Financial analysts, however, attribute this weak performance to a discernible shift in investor preferences. Many investors are reportedly redirecting their funds towards Bank of Ghana bills, which currently offer a more attractive 27% yield. This yield is significantly higher than the national inflation rate, which currently stands at 18.4%, making the Bank of Ghana bills a more appealing investment option.
#AtoForson Trends Amidst Public Debate
The development has ignited social media, with the hashtag #AtoForson trending as users question the Finance Minister’s stewardship of the economy. Critics argue that the repeated auction misses are a clear indicator of waning investor confidence and are demanding clearer fiscal direction from the government.
Conversely, some netizens have come to the government’s defense, suggesting that the current strategy may be an integral part of broader economic reforms. These reforms, they argue, are aimed at reducing borrowing costs and ultimately repositioning the Ghanaian economy for long-term stability and growth. The debate continues to rage online as the public keenly observes the government’s next steps in addressing these economic challenges.
Read some of the posts under the trending topic below:
