Vice President of IMANI Africa, Bright Simons, has lauded the John Mahama administration for achieving notable progress on key economic indicators, particularly inflation, while cautioning that more work is needed on long-term structural reforms.
Speaking in an interview with Channel One TV on Monday, January 5, Mr. Simons said the government’s stabilisation measures during its first year in office had delivered positive results.
“Stabilisation has worked. Stabilisation has not only worked, but in some instances, we have also outperformed expectations on inflation; it moved faster than we thought,” he noted.
Despite the gains, Mr. Simons stressed that challenges remain in ensuring that short-term achievements translate into sustained economic transformation.
“Even though the acute stabilisation has worked, there are some concerns that we may not be on the right path towards structural reform,” he added, urging policymakers to maintain focus on long-term economic resilience.
Ghana’s inflation rate continued to ease in November 2025, falling to 6.3%—the lowest level since the 2021 rebasing of the Consumer Price Index (CPI).
Government statistician Dr Alhassan Iddrisu attributed the decline to broad-based improvements in both food and non-food prices, supported by stabilising market conditions, marking the eleventh consecutive month of falling inflation.
This sustained drop in inflation signals improving macroeconomic stability, with analysts noting that continued policy discipline and structural reforms will be critical to consolidate these gains and secure durable economic growth.
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