The Member of Parliament for Walewale, Dr Abdul Kabiru Tiah Mahama, has attributed Ghana’s improving economic stability to the government’s strict adherence to the International Monetary Fund (IMF) programme, one year after President John Mahama assumed office.
The lawmaker said the disciplined implementation of the programme has been central to restoring macroeconomic stability.
Mr Tiah Mahama highlighted that President Mahama, working closely with Finance Minister Dr Cassiel Ato Forson and the Bank of Ghana Governor Dr Johnson Asiama, has consistently followed the IMF programme’s structural benchmarks and quantitative targets.
He described this commitment as a key factor behind the country’s improved economic environment.
According to the MP, Ghana would not have achieved the current level of stability if the government had deviated from the IMF framework.
He stressed that fiscal discipline under the programme has helped restore confidence in the economy and set the stage for sustained recovery.
The lawmaker also credited the government for contributing to currency and price stability, easing the pressures that had previously driven persistent price increases.
He noted that these measures have provided relief to households and businesses alike, while underpinning overall macroeconomic resilience.
Mr Tiah Mahama further praised the administration for its success in reducing inflation, which has fallen from 23% in 2023 to 5.4%.
“The government has maintained financial discipline, contributing to relative currency and price stability. This has helped slow inflation and reduce tensions caused by previous price hikes—an achievement worth recognising,” he said in an interview with Citi FM.
- President Commissions 36.5 Million Dollars Hospital In The Tain District
- You Will Not Go Free For Killing An Hard Working MP – Akufo-Addo To MP’s Killer
- I Will Lead You To Victory – Ato Forson Assures NDC Supporters
Visit Our Social Media for More
About Author
