Emmanuel Mensah is the Head of Trade and Working Capital at Absa Bank Ghana
The Head of Trade and Working Capital at Absa Bank Ghana, Emmanuel Mensah, has expressed disappointment with what he described as Ghana’s slow response to the ongoing US-China trade war.
Speaking at the Citi Business Forum, he emphasised the need for urgent reforms in monitoring and responding to global economic trends.
Mensah noted that Ghana lacks a coherent and timely strategy to address the far-reaching implications of escalating global trade tensions, which could impact the country’s economic recovery.
‘We have had such tensions in the past, but as a country, we are too late in time in strategising and trying to navigate this maze of geopolitics,” he stated.
He called for a more proactive approach to navigating these challenges and developing effective strategies to mitigate potential risks and capitalise on opportunities.
Mensah further pointed out the need for Ghana to develop a coherent and timely strategy to address the implications of the trade war.
The country’s slow response has since raised concerns about its ability to navigate the complex global economic landscape and capitalise on opportunities arising from the trade tensions.
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