President John Dramani Mahama has expressed optimism about Ghana’s economic trajectory, pointing to recent gains as evidence of a disciplined and focused recovery agenda.
In a farewell meeting with outgoing British High Commissioner H.E. Harriet Thompson, the President provided a snapshot of the country’s first-quarter economic performance, noting a 5.3% GDP growth and a steady decline in inflation.
“Inflation has reduced from 23% to 18% since January, and we are targeting 13% by year-end,” he said, projecting confidence in Ghana’s ongoing fiscal reforms.
Mahama also highlighted a strengthening Ghanaian Cedi and growing investor confidence as indicators that Ghana’s economy is steadily bouncing back.
According to him, these improvements should provide “some relief to Ghanaians” who have endured years of economic turbulence.
The President’s remarks come amid preparations for a broader push to enhance Ghana’s economic partnerships, especially with the UK, in the post-Brexit trade environment.
He emphasized the importance of boosting bilateral trade and investment as a cornerstone of Ghana’s growth strategy.
