Economic gains must be protected through institutional coherence and discipline-Mahama

Economic gains must be protected through institutional coherence and discipline-Mahama

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.

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