President John Mahama has reiterated the need to prioritise effective public financial management as part of efforts to rebuild the country’s economy and set it on the right path.

Speaking at the opening session of the National Economic Dialogue on Monday, 3rd March, President Mahama emphasised that proper management of public finances is crucial for the country’s long-term economic recovery and growth.

"We must enforce responsible public financial management and ensure fiscal discipline at all levels of government while working to reduce hardship for our people," he said while delivering his address during the event at the Accra International Conference Centre.

He added, "I know that the road to economic recovery will be challenging but we must not relent in our quest to rebuild the Ghana we all want for the sake of children and our children's children".

The National Economic Dialogue, which brought together key stakeholders, including economists, business leaders, and policymakers, is aimed at fostering discussions on solutions to Ghana’s current economic challenges.

According to the president, he has inherited a "bad economy" but "vowed to do anything in my power to steer this nation towards a brighter and more prosperous path".