Ghana’s economy rebounds with strong recovery – Amin Adam

Ghana’s Finance Minister, Dr. Mohammed Amin Adam, has announced that the nation’s economy has fully rebounded from its recent challenges, showing promising signs of sustained recovery and growth.

Addressing a rally in Saboba, located in the Northern Region, Dr. Amin Adam highlighted Ghana’s impressive economic performance, particularly in surpassing its growth targets. “Ghana’s economy has come back to life following the difficulties we faced in the last three years. Macroeconomic stability is fast returning to our country. We all can see the indicators improving by the day,” he stated.

He emphasized the country’s achievements in both 2023 and 2024, underlining the economy’s resilience. “Last year, we were supposed to grow at 1.5 percent, but we grew at 2.9 percent. Half this year, we were supposed to grow at 3.1 percent, but we grew at 5.8 percent,” the Finance Minister said.

Dr. Amin Adam expressed optimism about the future, noting that the government’s focus is now shifting to driving further economic growth. “And now we want to focus on growth, economic growth, which has also already demonstrated that the economy has recovered strongly,” he added.

This marks a significant milestone in Ghana’s recovery journey, as the nation moves forward on a trajectory of sustained economic stability and progress.