Founder and Leader of the United Party (UP), Alan Kyerematen, has cautioned against describing Ghana’s recent economic gains as sustained macroeconomic stability, arguing that two years of improved economic indicators are not enough to support such a claim.

Speaking on Channel One TV on Monday, September 21, 2026, he said while the economy’s current growth performance was encouraging, the gains must be sustained over a much longer period before Ghana could claim lasting stability.

He criticised successive governments for celebrating short-term improvements in economic indicators without paying enough attention to whether those gains could be sustained.

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According to him, a sustained period of strong economic growth would be needed to demonstrate that Ghana’s economy had moved beyond temporary improvements.

“I think part of the challenge of governments, whether it’s NDC or NPP, they are too quick to be praising themselves about what they’ve done. But I’m saying that you can’t call, you can’t describe two years of macro performance as stability,” he said.

Kyerematen said the current growth rate of about 6% was positive but should be viewed as part of an emerging trend rather than proof of long-term economic stability.

“So 6% it’s good, but I’m saying that it’s a trend,” he said, adding that Ghana should aim for sustained growth of between 8% and 10% over a much longer period.

He also argued that economic stabilisation and growth should not be treated as separate objectives, insisting that both must be pursued simultaneously.

“They are two sides of the same coin,” he said.

He said the real measure of Ghana’s economic recovery would be whether the current gains could be sustained over several years and translated into stronger and more consistent growth, rather than short-term improvements in economic indicators.

DR/MA

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