“Walewale MP: Mahama’s IMF Discipline Key to Ghana’s Inflation Drop, Economic Stability
Abdul Kabiru Tiah Mahama, the MP for Walewale, says that Ghana’s economy is getting more stable one year into President John Mahama’s term because the government is following the IMF program very closely. He said on Citi Eyewitness News on January 7 that the President, working closely with Finance Minister Dr. Cassiel Ato Forson and Bank of Ghana Governor Dr. Johnson Asiama, always met the program’s structural benchmarks and quantitative targets. He called these goals essential for restoring macroeconomic stability and confidence. He said that this discipline has helped keep currency and prices stable, eased the pressure from constant price increases, and brought inflation down from 23% in 2023 to 5.4%. He said these things would not have been possible without a strong commitment to the IMF framework.
