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Saturday, May 16, 2026

Economic gains should not breed complacency — Prof. Opoku-Agyemang

Vice President Professor Jane Naana Opoku-Agyemang has cautioned against premature celebration over recent gains in the economy, warning that early success must not breed complacency.

Speaking at the 2026 Oxford Africa Conference at the University of Oxford on Saturday, May 16, Prof. Opoku-Agyemang acknowledged improvements in Ghana’s macroeconomic indicators and institutional reforms but stressed that the country’s development remains unfinished.

She said the progress made should instead strengthen leadership’s sense of responsibility and discipline in building a more resilient economy.

The Vice President urged leaders to remain focused on long-term development goals without losing sight of the challenges ahead.

“The foundations will be strengthened, but the work of building an inclusive and future-ready economy is only beginning,” she said.

Meanwhile, Finance Minister, Dr. Cassiel Ato Forson has stressed that the end of the IMF programme should not be interpreted as a signal for relaxed fiscal management.

He made the point after Ghana’s conclusion of the International Monetary Fund (IMF) Extended Credit Facility programme warning that economic indiscipline remains a major risk factor for reversal of gains.

Recalling Ghana’s past economic challenges, Dr. Forson noted that indiscipline has repeatedly contributed to the country’s return to IMF-supported programmes.

 

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