Ghana is entering a new phase of economic recovery with cautious optimism, as recent improvements in key indicators begin to translate into real gains for households and businesses, Vice President Naana Jane Opoku- Agyemang has said.
In a reflective statement, the Vice President noted that the country’s economic reality today is markedly different from what it was not long ago.
She pointed to single digit inflation, a more stable cedi, and stronger real gross domestic product growth as signs that the economy is regaining its footing.
“These gains are not abstract,” she said, stressing that the improvements are being felt across the economy, from markets to workplaces, and in the daily lives of Ghanaians.
She explained that Ghana is approaching this period with determination rooted in difficult but necessary reforms. According to her, the progress being made is supported, not dictated, by the International Monetary Fund, and driven by Ghana’s own commitment to restoring stability and confidence.
The Vice President also acknowledged the continued relevance of international financial institutions on the African continent, while observing that shifting global and regional dynamics show a growing readiness by African countries to rely more on their own capacity. She said this new confidence does not replace partnerships, but reshapes them into more balanced and mutually beneficial relationships.
Reaffirming the position of President John Dramani Mahama, she said Ghana’s engagement with the IMF must evolve beyond emergency support. Africa, she noted, still faces deep structural challenges, including high borrowing costs that constrain development.
At the same time, she stressed emerging opportunities such as the African Continental Free Trade Area and a renewed resolve across the continent to pursue self-reliance.
She said these ambitions must be backed by coordinated and fair international cooperation that supports long term growth rather than short term relief.
The Vice President’s remarks underscore a broader message from government that while the road to full recovery remains demanding, Ghana is steadily rebuilding its economy and redefining its place in the global financial system.
