Vice President Professor Naana Jane Opoku-Agyemang has stated that economic stability is not a gift but a reflection of collective discipline by both government and citizens.

Speaking at the 14th Ghana Economic Forum (GEF), she emphasised that Ghana’s recent signs of economic recovery will not be sustained unless the country resists short-term fixes and embraces long-term value creation.

She advocated for value addition as a key pathway to cedi stability and economic resilience.

“Ladies and gentlemen, stability is not a gift. It is a sign of discipline. It is built on habits, such as paying taxes regularly and honestly, producing more than we consume, demanding accountability from all citizens, working together for the common good, and investing in our own capacity to add value,” she said.

Professor Opoku-Agyemang warned that Ghana’s overdependence on raw commodity exports and excessive reliance on imports continue to weaken the fundamentals of the cedi and expose the economy to external shocks.

“When we depend too heavily on raw exports and excessively on imports, and when we fail to discipline our fiscal habits, the cedi pays the price,” she noted.

“Cocoa must not leave our shores as beans, bauxite must not leave as ore, and gold must not leave as dust,” she added.

Touching on the recent appreciation of the cedi, the Vice President attributed it to the hard work and trust built by institutions and individuals committed to Ghana’s economic progress.

She said the gains are the outcome of fiscal prudence, tighter expenditure controls, and disciplined financial management, which continue to anchor Ghana’s path to recovery.

SA/MA


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