Vice President Professor Naana Jane Opoku-Agyemang
Vice President Professor Naana Jane Opoku-Agyemang has announced a renewed wave of investor confidence in Ghana’s economy.
She attributed the shift to recent signs of macroeconomic stability and a stronger cedi against major trading currencies.
Speaking at the 14th Ghana Economic Forum (GEF) on October 29, 2025, Professor Opoku-Agyemang noted that the country’s economic outlook has improved significantly in recent months, with many investors now preparing to inject capital into key sectors of the economy.
According to her, the Bank of Ghana’s prudent monetary policies, improved export performance, and the strategic role of the Gold Board initiative have all contributed to strengthening Ghana’s foreign reserves, a development that has boosted confidence both locally and internationally.
“The cedi has strengthened significantly, recovering from the turbulence of a few years ago, when it was named the worst-performing currency globally. Inflation soared, and today, it stands at 9.4 percent. Indeed, the current picture is far more optimistic than it was just a few months ago, and our gold reserves have multiplied,” she said.
She further emphasised that the economic progress achieved so far is not a matter of chance, but the result of deliberate and disciplined policy choices, including expenditure cuts, tighter internal controls, and sound financial management.
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“When the cedi weakens, it is not only economists who feel the pain. Every household suffers the consequences. This is why macroeconomic stability must not be dismissed as a mere abstract achievement,” she stated.
The Vice President also noted that agreements with creditors have helped ease Ghana’s debt burden, while ongoing fiscal reforms are beginning to yield tangible results.
However, she cautioned against complacency, stressing that this is a time for consolidation, not celebration.
To ensure a durable recovery, she urged Ghanaians to prioritise value addition to locally produced goods, not only for export but also for domestic consumption.
SA/MA
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