President-elect John Dramani Mahama has stated that after authority is handed smoothly, he will prioritize the stabilization of the Ghanaian cedi.
He emphasized his commitment to addressing the country’s economic difficulties, such as inflation and the cedi’s depreciation, which he admitted had a significant impact on the lives of many individuals.
In a recent remark, Mahama expressed confidence that his administration will implement successful policies to stimulate economic growth, cut inflation, and stabilize the national currency.
He also emphasized the significance of improving Ghana’s international ties, particularly with crucial economic partners.
Mahama made these words during a visit by Algeria’s Ambassador to Ghana, Mourad Louhaidia, who came to congratulate him.
During their discussion, Mahama declared, “We are focused on restoring Ghana’s economic development, stabilising the currency, and lowering inflation. This is an important time for Ghana to collaborate more closely with its allies, notably China.”
Looking ahead, Mahama reaffirmed that once the transition process is complete, his government will prioritise engaging China on technical cooperation issues, indicating his intention to quickly deploy a delegation to begin these critical negotiations.