Audio By Carbonatix
President John Mahama is urging the Finance Ministry and the Bank of Ghana to adopt stronger institutional coordination and discipline to safeguard the economic gains Ghana has recorded in recent months.
Speaking at the Cedi@60 International Currency Conference, where he also addressed the performance of the cedi, President Mahama said recent ratings from Standard & Poor’s point to clear progress in the economy.
“The gains we are seeing must be protected through institutional coherence and discipline,” he said. “We cannot afford policy slippages at a time when investor confidence is beginning to strengthen.”
He noted that the country’s fiscal and monetary authorities must work more closely to sustain the current momentum.
“Disciplined fiscal management, backed by credible and consistent monetary policy, is the only way to consolidate the improvements we’ve made,” President Mahama added.
He stressed that safeguarding these gains is essential for long-term development and for ensuring that the positive indicators reflect in the daily lives of Ghanaians.
“Our target must be long-term stability, not short-term fixes. Protecting these gains will help build an economy that works for households, businesses, and future generations,” he said.
Latest Stories
-
I will give marriage a second chance – Juliet Ibrahim
3 hours -
King Charles reflects on ‘pressures of conflict’ in Commonwealth message
4 hours -
Rapper-politician Balendra Shah unseats Nepal’s ex-PM as he heads for victory
4 hours -
Mayor Sadiq Khan invites embattled AI firm Anthropic to expand in London
4 hours -
T-bills auction: Investor interest remains high; interest rates fall to 4.8%
5 hours -
Iran names Khamenei’s hardline son Mojtaba as new supreme leader
5 hours -
US-Iran conflict: Supply chain impacts will be felt globally
5 hours -
Interest rates declined by 23% since January 2025, but market pressures likely to resurface – Report
5 hours -
Explosion at US embassy in Oslo may have been terrorism, Norway police say
5 hours -
Zoomlion MD Doris Adjei honoured with Ghana Women of Excellence Gold Award for Environmental Sustainability
6 hours -
President Mahama bans foreign travel for boards of SOEs and public institutions over rising costs
6 hours -
Withdraw Ghanaian peacekeepers from Lebanon now – LACPSA-Ghana
6 hours -
Give to Gain: strengthening African media through women’s leadership
7 hours -
Chief of Staff urges genuine interpersonal relationships for national unity
7 hours -
Ghana High Commission in London opens Export Trade House
7 hours
