President-elect John Dramani Mahama has prioritised stabilising the Ghanaian currency as a key focus for his upcoming administration, following the smooth transfer of power.
Acknowledging the significant challenges posed by inflation and the cedi’s depreciation, Mahama expressed his commitment to addressing these issues, which have deeply impacted the daily lives of many Ghanaians. In a recent statement, he shared his confidence in implementing strategies that will foster economic growth, curb inflation, and stabilise the national currency.
Additionally, Mahama highlighted the need to strengthen Ghana’s diplomatic and economic ties with international partners.
During a meeting with Mourad Louhaidia, the Algerian Ambassador to Ghana, Mahama remarked, “We are focusing on bringing Ghana back in terms of economic growth, stabilising the currency, and reducing inflation. This is a critical moment for Ghana to work more closely with its partners, including China.”
Looking ahead, Mahama reaffirmed that his government would place high priority on engaging China for technical cooperation once the transition is complete. He signalled his intention to swiftly dispatch a delegation to initiate these important discussions.