More than 80% of the value of judgement claims against the Government of Ghana is denominated in foreign currencies, exposing the state to additional exchange-rate risks, Finance Minister Dr Cassiel Ato Forson has disclosed.
Presenting the 2027 Budget Statement and Economic Policy to Parliament on Thursday, November 12, Dr Forson identified litigation and judgement liabilities as a significant fiscal threat.
He said the foreign currency composition of the claims exposes the government to additional risks from exchange-rate movements.
A depreciation of the cedi could increase the domestic currency cost of settling claims denominated in foreign currencies, adding to pressure on government finances.
To manage the exposure, the government plans to strengthen central monitoring of litigation and judgement liabilities and require Ministries, Departments and Agencies (MDAs) to report cases earlier.
It will also work with the Office of the Attorney-General to prevent avoidable claims and secure timely, cost-effective resolution of disputes.
Dr Forson said the measures form part of broader efforts to anticipate and contain fiscal risks that could undermine economic stability and place pressure on public finances.
Other risks identified by the Finance Minister include commodity price volatility, revenue leakages, weak tax compliance and rising public sector wage commitments.
