The Resident representative of the International Monetary Fund (IMF) in Ghana, Dr. Leandro Medina, has stated his optimism about Ghana’s economic recovery as he emphasizes that the country is doing things right.
According to him, the economic indicators have shown that the country’s recovery might happen sooner than projected.
Dr Medina said even though the indicators like inflation are decreasing there is still more to be achieved.
“Despite a very difficult external environment, macro has been quite resilient, when you look at growth, we had to upgrade our projections because growth in 2023 has been more resilient, Inflation has been on a decreasing path, reserves have been increasing, and exchange volatility has also decreased.
“It is extremely important to know where we are and where we intend to be. By no means are we there, [but] when we see early signs of stability emerging, this means that for example, inflation is down from 54 to 23, 23 is …
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