
(3 Minutes Read)
President Mahama urged new ministers to go beyond mere technical considerations and act in full recognition that every statistic, every movement on a chart, and every shift in an index was more than just data—it was the pulse of an economy, a measure of resilience or distress.
President John Dramani Mahama of Ghana has reiterated the Government’s commitment to ensuring that the Bank of Ghana (BoG) operates free from political interference, guided solely by its mandate. The President reiterated that the Government would not ask the Central Bank to print money for it.
President urged the new council of ministers, particularly the Ministry of Finance, to maintain the independence of the key institutions and work without any political interference.
President Mahama urged new ministers to go beyond mere technical considerations and act in full recognition that every statistic, every movement on a chart, and every shift in an index was more than just data—it was the pulse of an economy, a measure of resilience or distress.
He said a dip in confidence indices might signal businesses on the brink, evolving market conditions, or changing household prospects.
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President Mahama noted that recent banking history had shown Ghanaians the cost of neglecting this truth. He said during the supposed banking sector cleanup exercise thousands of jobs were lost and lives disrupted because decisions were made with a narrow focus rather than considerations of the human impact.