Audio By Carbonatix
A Technical Advisor to the Minister of Finance, Frederick Amissah, says businesses are becoming increasingly confident in the economy, signaling that recent macroeconomic stability measures are beginning to have an impact.
According to him, the improving economic environment is not only evident in key macro indicators but is also translating into better performance at the firm level.
“Businesses are becoming a lot more confident. This shows the macro stability we have now is working. We have seen an improvement in the micro level,” he stated.
He made the remarks during the JoyBusiness Roundtable Discussion, held on the theme “Mahama at 16 Months: Do Economic Narratives Match Real-Sector Outcomes?”
His comments come at a time when government continues to implement reforms aimed at restoring economic stability, following recent power challenges and currency pressures.
However, Mr. Amissah believes early signs from businesses suggest a gradual turnaround, with improved confidence expected to support expansion, hiring, and investment decisions.
He stressed that sustaining the gains will require continued policy discipline and targeted interventions to ensure that businesses especially small and medium enterprises fully benefit from the improving economic conditions.
Latest Stories
-
Kwabena Boamah appointed Board Chair for Impact Investing Ghana
7 minutes -
Striking teacher unions to meet Fair Wages and Salaries Commission on October 6
21 minutes -
EOCO working with AG to arraign Nana Baffour Awuah before weekend court
24 minutes -
Duraplast reassures customers after fire, announces October 5 reopening
33 minutes -
Call off strike, gov’t will not renege on promotion arrears pledge – Haruna Iddrisu appeals to teacher unions
35 minutes -
Committee set up to validate teachers eligible for 20% deprived-area allowance – Education Minister
39 minutes -
Five-member committee to search for new Black Stars coach after Sports Ministry-GFA meeting
1 hour -
Pinktober: Breast cancer survival exceeds 90% when detected early – Breast Society of Ghana
1 hour -
TCDA to adopt Upper West’s MATCO mango farm as northern prototype, issues warning against felling shea trees
2 hours -
‘Fear delegates’ tag: Afoko touts genuineness among delegates ahead of NPP delegates conference
2 hours -
John Boadu: The leader our party needs at this time – Amb. Edward Akwasi Boateng
2 hours -
Baffour Awuah: EOCO arrested, detained MP after hours of waiting, questioning – Afenyo-Markin
2 hours -
EOCO court warrant authorised search of Baffour Awuah’s law firm, not residence – Afenyo-Markin
2 hours -
NPP delegates conference: 3,000 to 4,000 police personnel deployed for security in Kumasi – Anthony Karbo
2 hours -
KGL Foundation commits $200,000 to support juvenile football for the next two years
3 hours