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BusinessGeneralHeadlinesInternational

AGORA 2025: Ghana’s economy stabilising under Mahama – Naana Jane

Vice-President Naana Jane Opoku-Agyemang says Ghana’s economy has stabilised under President Mahama, citing lower inflation, a stronger Cedi, and renewed investor confidence.

Hamdia Mohammed By Hamdia Mohammed Published November 4, 2025
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Vice-President Professor Naana Jane Opoku-Agyemang has lauded Ghana’s economic trajectory, asserting that the country’s macroeconomic environment has significantly improved under President John Dramani Mahama’s administration.

Speaking at the Africa Growth and Opportunity – Research in Action (AGORA) Conference in Palermo, Italy, Prof. Opoku-Agyemang said Ghana’s recent progress signals renewed investor confidence and a stronger foundation for job creation.

She said, “Between January and September 2025, Ghana’s macroeconomic environment has stabilized significantly. By September 2025, inflation had eased to 9.4% — marking the most favourable turnaround since 2021, and the Cedi had appreciated by over one-third against major trading currencies in early 2025.”

The Vice President referenced reports confirming Ghana’s impressive rebound, noting that “in May 2025, Bloomberg reported Ghana’s Cedi as being the best-performing currency in the world, following a dramatic turnaround from its 2022 status as one of the least-performing.”

According to Prof. Opoku-Agyemang, these gains translate into tangible benefits for Ghanaians. “These numbers are not just abstract. They mean more stable costs, rising investment, and the dependable conditions in which jobs flourish,” she said.

However, Prof. Opoku-Agyemang stressed that stability was only the beginning.

“Stability alone is not enough,” she cautioned, adding that the government is now shifting “from stabilisation to structural transformation, starting where Ghana’s heart beats strongest: agriculture.”

Her comments align with assessments from several economic observers, including the International Monetary Fund (IMF), who have commended the Mahama administration for the sharp turnaround in Ghana’s economy since assuming office.

Source: Starrfm.com.gh

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TAGGED:AGORA 2025Ghana NewsGhana's economyMahama gov'tVice President Naana Jane
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