Former Deputy Finance Minister and Chairperson of the Public Accounts Committee (PAC), Abena Osei Asare, has expressed concern over the continued instability of the Ghanaian cedi.

She urged government and economic stakeholders to move beyond rhetoric and implement lasting solutions.

Speaking on The Pulse on JoyNews on Tuesday, August 26, the former minister acknowledged that the current administration had maintained aspects of the economic framework laid by the New Patriotic Party (NPP) before leaving office.

She credited the present government with continuing the momentum built by her party, which she believes has contributed to current signs of sustained economic growth.

“When the NPP was leaving power, we had built the economy to a point where if they should pick it up and ride on the back of that, they would see some positives in the economy and I think they listened,” Osei Asare remarked.

“They picked up from where we had left off with the positives, and now we are seeing some sustained growth in things.”

However, she cautioned that these gains are being undermined by the persistent weakness of the national currency.

“That notwithstanding, the cedi is still wobbly,” she stated. “And I think it should not be mere talk a lot of work should go into it. All the stakeholders should make sure we ground the cedi firmly.”