Vice President Prof. Jane Naana Opoku-Agyemang has highlighted Ghana‘s improving macroeconomic outlook while calling for a more evolved and balanced relationship between Africa and international financial institutions, particularly the International Monetary Fund (IMF).
Speaking at a meeting with heads of IMF country and regional offices in Africa, Prof. Opoku-Agyemang reflected on Ghana’s recent economic journey at a time when global concerns around debt sustainability and development finance remain heightened.
She noted that Ghana’s current economic reality differs significantly from the recent past, pointing to single-digit inflation, a more stable cedi, and stronger real GDP growth as indicators of recovery. According to her, these gains are tangible and are being felt across various sectors of the economy.
Get the latest news, updates by joining our WhatsApp channel here: Join on WhatsApp.
The Vice President stressed that Ghana is entering this phase with cautious optimism and determination, emphasizing that the progress recorded is the result of reforms that are supported, not dictated, by the IMF and sustained by the country’s willingness to take difficult but necessary policy decisions.
She also acknowledged the continued relevance of international financial institutions on the African continent, while observing that recent global and regional developments demonstrate Africa’s growing capacity to take greater ownership of its development agenda, even as it pursues mutually beneficial partnerships.
Prof. Opoku-Agyemang further reiterated President John Dramani Mahama‘s position that Ghana’s engagement with the IMF must evolve beyond emergency interventions.
She noted that while Africa continues to grapple with structural challenges such as high borrowing costs, the continent also holds significant opportunities, including the potential of the African Continental Free Trade Area (AfCFTA) and a renewed commitment to self-reliance supported by coordinated and fair international cooperation.
