IEA backs Ghana's BRICS partner bid, outlines seven economic reasons

Ghana's Ambassador to the United States, Victor Smith, has emphasized the importance of sustaining the country's economic progress and expanding its productive sector. In an exclusive interview with Desmond Danso on JoyNews, Ambassador Smith highlighted that the government has successfully stabilized the economy, addressing issues such as exchange rate instability and high inflation.

He stated, "The initial thing we did was to stabilise an economy which was in complete mess in terms of our exchange rates and inflation and what have you. We’ve stabilised it. The next thing is to move the productive side."

Ambassador Smith identified several sectors with significant investment potential, including mining, energy, agriculture, and manufacturing. He expressed his intention to engage investors from the United States to promote business opportunities in Ghana, stating, "There are big opportunities in mining, energy, agriculture, you name it, manufacturing. We will open up the place to the people."

The ambassador praised President John Mahama's efforts in stabilizing the economy but stressed the need for continuity in the government's economic policies. He said, "If what President Mahama is doing so far, I applaud him. But what is important is that we must sustain the effort."