'Is Ato Still Forson?': Why Ghana's finance minister is trending on social media
The Minister of Finance, Dr Cassiel Ato Forson, has found himself at the center of social media debates, particularly on X, after the government once again failed to meet its treasury bill auction target.
On Monday, June 23, 2025, the government announced that it had missed its T-bill target for the fourth consecutive time.
According to data from the Bank of Ghana, the auction sought to raise GH¢4.551 billion but secured only GH¢3.379 billion, of which GH¢2.952 billion was accepted.
The consistent shortfalls have raised concerns among market watchers and the public.
However, financial analysts attribute the weak performance to shifting investor preferences. Many investors are reportedly moving towards Bank of Ghana bills, which currently offer a more attractive 27% yield, significantly higher than the national inflation rate of 18.4%.
This development has set social media ablaze, with the hashtag #AtoForson trending as users question the Finance Minister’s handling of the economy.
Some critics argue that the repeated auction misses signal waning investor confidence and are calling for clearer fiscal direction.
However, some netizens have defended the government, suggesting that the current strategy may be part of broader reforms aimed at reducing borrowing costs and repositioning the economy.
Read some of the posts under the trending topic below: