President John Dramani Mahama has assured businesses and investors that Ghana’s recent economic stability will be sustained.
Speaking at the 10th Ghana CEO Summit in Accra on Thursday, May 28, President Mahama said the government remains committed to maintaining fiscal discipline and strengthening confidence in the economy through a new agreement with the International Monetary Fund (IMF).
According to him, the Policy Coordination Instrument (PCI), which will run for 36 months following the completion of the current Extended Credit Facility (ECF) programme, is aimed at preserving policy credibility and supporting long-term economic growth.
“This decision was taken in order to maintain policy credibility and fiscal discipline over the next 36 months, thereby supporting economic stability and sustainable developments,” he said.
President Mahama stressed that the current signs of economic improvement are not temporary, assuring the business community that government policies are designed to ensure long-term stability.
“Captains of industry and businesses can therefore be rest assured that the current stability we are enjoying is not a fluke, it will be sustained into the future,” he added.
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