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    You are at:Home»News»Ghana’s economy shows promising recovery
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    Ghana’s economy shows promising recovery

    Papa LincBy Papa LincSeptember 11, 2025No Comments2 Mins Read1 Views
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    Ghana’s economy shows promising recovery
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    The Chairman of the Commonwealth Enterprise and Investment Council (CWEIC), Lord Marland, has expressed confidence in Ghana’s economic recovery, citing recent measures implemented by the government.

    According to him, Ghana has a clear pathway for taking calculated economic risks to achieve sustainable growth.

    Speaking at a press conference in Accra on September 11, 2025, Lord Marland highlighted the current currency stability as a significant achievement that boosts investor confidence.

    He also underscored the government’s pivotal role in fostering a favorable investment climate.

    Cedi’s depreciation to stay within 5% per annum – President Mahama

    “The outlook is very encouraging. And when you have an encouraging outlook shaped by government policy, people invest, they take risks, they feel comfortable doing so. That’s what I’ve observed in the brief time I’ve been here,” he said.

    He further noted that a stable currency gives investors assurance that their returns will remain secure due to strong economic fundamentals.

    “A stable currency allows people to invest against their own currency, knowing that if they put a pound in and it holds the same value against the local currency when it comes out, it inspires great confidence in outward investment,” he added.

    Meanwhile, President John Dramani Mahama, during his first media engagement on September 10, 2025, projected that the depreciation of the cedi would remain within five percent annually.

    He emphasised that this measure aims to create a safe and level playing field for investors.

    SP/MA

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