Ghana’s Finance Minister, Dr. Mohammed Amin Adam, has announced that the nation’s economy has fully rebounded from recent challenges, with notable achievements in economic growth surpassing projections.
Speaking at a rally in Saboba in the Northern Region, Dr. Amin Adam highlighted the country’s impressive progress, emphasizing that Ghana exceeded its 2023 economic growth target of 2.8% and continues to make significant strides in 2024.
Positive Economic Indicators
The Finance Minister expressed confidence in Ghana’s economic trajectory, citing improving macroeconomic stability and stronger-than-expected growth figures.
“Ghana’s economy has come back to life following the difficulties we faced in the last three years. Macroeconomic stability is fast returning to our country. We all can see the indicators improving by the day,” he stated.
Dr. Amin Adam added that Ghana’s economy has shown resilience, with growth surpassing expectations. In 2023, Ghana achieved a 2.9 per cent growth against a targeted growth of 1.5 per cent whilst achieving a 5.8 per cent growth against a targeted growth of 3.1 per cent in 2024.
Focus on Sustained Growth
The Finance Minister affirmed the government’s commitment to fostering sustained economic growth, building on the recovery momentum.
“Now, we want to focus on economic growth, which has already demonstrated that the economy has recovered strongly,” he added.
Ghana’s economic recovery signals a promising future, as the country prioritizes long-term stability and prosperity.
