Economy

Finance Minister confident in Ghana’s economic rebound

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Finance Minister Dr. Mohammed Amin Adam has expressed optimism about Ghana’s economic recovery, stating that the country is now well-positioned to attract businesses that left during the economic downturn caused by the COVID-19 pandemic.

Speaking at the second edition of the Quarterly Economic Roundtable on Monday, October 7, Dr. Amin Adam emphasized the return of Virgin Atlantic Airlines to Ghana as a clear sign of economic revival. He noted that the airline’s return demonstrates confidence in the country’s growth trajectory.

“Some companies exited when the economy faced challenges, but it’s important to recognize that they are now returning because they see our economic recovery as genuine and sustainable,” he said at the event organized by the Ministry of Finance in collaboration with the Institute of Statistical, Social, and Economic Research (ISSER).

The Finance Minister stressed the need for collaboration across sectors to consolidate this recovery and achieve long-term growth. He urged Ghanaians to prepare for partnerships with both returning and new companies looking to invest in the country’s future.

“Virgin Atlantic is back because they see the economic recovery as real and the future of Ghana as positive,” Dr. Amin Adam stated, adding that many other companies are also preparing to invest in Ghana’s economy. “Let’s get ready to harness the expertise, technology, and capital they bring to further boost economic growth.”

He concluded by calling for collective efforts to build on this momentum and ensure sustained progress for the country’s economic development.

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