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
-
Building Ghana better: Why architects must be at the heart of national development
42 minutes -
GMet warns of severe rainstorm across northern Ghana
1 hour -
Semenyo eyes bigger targets after breaking Yeboah’s Ghanaian Premier League record
2 hours -
Health Ministry reviews NDC manifesto commitments
2 hours -
Mfantsipim School @ 150 and Creech’s Mfantsipim Diaries: My First Shock
3 hours -
Labour backs proposed IPEC but demands full involvement in pay reforms
4 hours -
Ashaiman, parts of Accra to face a 15-hour power outage today
4 hours -
Mohammed Baantima Samba retains NPP Northern Regional chairmanship
5 hours -
Qatar denies capturing three Iranian pilots after downing fighter jets
6 hours -
Jeff Konadu Addo retains NPP Eastern Regional chairmanship
6 hours -
Peru cracks down on illegal gold mining in Amazon reserve with military show of force
7 hours -
NPP polls: Makafui Woanya re-elected as Volta Regional Chairman
7 hours -
NPP polls: List of newly elected NPP regional chairmen
7 hours -
Eleven killed in Israeli strikes on southern Lebanon, authorities say
8 hours -
MTN launches Bright Scholars Alumni Network to harness opportunity
8 hours