The Ghana Union of Traders’ Associations (GUTA) has commended the government led by John Dramani Mahama for achieving notable economic stability, highlighting recent growth indicators as evidence of progress.

According to GUTA, Ghana’s economy recorded a 5.5% growth in the third quarter of 2025, largely driven by the agriculture and services sectors.

The Ghanaian Cedi has also shown stability, while inflation eased to 6.3% in November 2025. The monetary policy rate, currently at 18%, is noted as the lowest in recent years, signaling improved financial conditions.

GUTA in a statement issued on December 22, 2025, praised the government for implementing policies that have contributed to these positive trends, particularly the recent monetary policy adjustments.

The association encouraged the continuation of sustainable policies aimed at addressing challenges such as access to foreign exchange, supporting local businesses, and promoting economic inclusivity.

“GUTA commends the government's efforts in implementing policies that have contributed to this growth, particularly the monetary policy adjustments. We urge them to continue with sustainable policies that address challenges like forex access, support local businesses, and promote economic inclusivity.

“GUTA also continuously urges traders to pass on the benefits of this economic progress to consumers. Reduce prices to match the economic wins we've made. Let's make Christmas merry for all,” part of the statement said.

In addition, GUTA urged traders to pass on the benefits of this economic progress to consumers, calling for price reductions to reflect the improved economic conditions. “Let’s make Christmas merry for all,” the statement emphasized, appealing for consumer-friendly pricing during the festive season.

The statement was signed by Clement Boateng, President of GUTA, on behalf of the association.

AM

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