The Ghana Union of Traders’ Association (GUTA) has underscored the need for economic stability in the upcoming 2025 budget, stressing its critical role in sustaining businesses and improving livelihoods.
With the government set to present the budget on Tuesday, March 11, GUTA is urging policymakers to implement effective strategies that will strengthen the local currency and lower interest rates, as these measures will positively impact the broader economy.
Speaking on Eyewitness News on Citi FM on Monday, GUTA President Dr. Joseph Obeng reiterated the importance of stability in fostering economic growth and business confidence.
“We need stability, total stability of the economy. That we adopt measures to help strengthen and stabilize the local currency to reduce infiltration, interest rates to improve other economic indicators, especially the interest rate,” Dr. Obeng stated.
GUTA remains hopeful that the 2025 budget will introduce policies that address these concerns and create a more favorable business environment.
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