By Lawrence Odoom
President John Dramani Mahama has moved to reassure the business community and investors that Ghana’s recent economic stability is anchored on deliberate policy action and will be preserved for the long haul.
Addressing the 10th Ghana CEO Summit in Accra on Thursday, the President underscored his administration’s resolve to uphold fiscal discipline and bolster investor confidence through a new engagement with the International Monetary Fund.
Central to this strategy is the Policy Coordination Instrument (PCI), a 36-month framework slated to commence upon the conclusion of the current Extended Credit Facility programme. According to President Mahama, the PCI is designed to “maintain policy credibility and fiscal discipline over the next 36 months, thereby supporting economic stability and sustainable developments.”
He emphasized that the visible improvements in the economy are not transient fluctuations but the outcome of a structured, forward-looking policy agenda.
“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 affirmed.
The President’s remarks signal a continued pivot toward institutionalizing macroeconomic prudence as Ghana seeks to consolidate gains and lay the groundwork for durable growth.