A group of economists proposed several strategies to stabilize Ghana’s economy at the NED 2025, addressing issues such as fiscal discipline, tax reforms, and improving public efficiency. Key factors highlighted include weak revenue generation, poor expenditure management, and excessive borrowing. A focus on stabilizing the cedi and enhancing financial oversight are also pivotal to these recommendations.
A team of economists has put forth measures aimed at stabilizing Ghana’s economy, highlighting key factors such as weak revenue generation, ineffective public expenditure management, and excessive borrowing as primary contributors to the nation’s ongoing economic challenges. During the National Economic Dialogue (NED) 2025, economist Leslie Bright Mensah presented the interim report from the Macroeconomic Stability Group, which includes essential recommendations for addressing these issues.
In summary, the expert recommendations include adopting fiscal discipline, tax reforms, enhancing public sector efficiency, and better monetary policies to stabilize Ghana’s economy. By implementing these proposed measures, the government aims to restore investor confidence, stabilize the currency, and create a sustainable economic environment for future growth. The ongoing discourse among policymakers and economists during the National Economic Dialogue signifies a collaborative effort towards overcoming Ghana’s economic obstacles.
Original Source: www.graphic.com.gh
