Economist Peter Terkper has raised concerns that weak macroeconomic indicators are not translating into tangible benefits for the average Ghanaian.
He pointed out that while food inflation has dropped the interest rate on Treasury bills has declined. The real economy remains disconnected from these improvements, with citizens still grappling with high costs and limited access to affordable credit.
Mr Terkper emphasized that despite the government’s efforts, the impact of these positive economic indicators is not being felt on the ground, leaving many questioning the true state of Ghana’s economic recovery.
Mr. Terkper welcomed the government’s decision to disburse 3 million cedis to customers affected by the collapse of fund management companies but expressed concerns about its timing and impact.
He noted that while the payout is a positive step, it may not fully compensate for the loss of time and potential interest, leaving many recipients dissatisfied with the outcome.
