Ghana’s Economic Growth Must Be Reform-Led, Not Aid-Driven – Veep

Accra: Vice President Professor Jane Naana Opoku-Agyemang has emphasized the need for Ghana's economic growth to be driven by reforms rather than aid. She highlighted significant changes in the country's economic landscape, noting improvements in key macroeconomic indicators such as single-digit inflation, a more stable cedi, and stronger real GDP growth.

According to Ghana Web, the Vice President made these remarks during a meeting with Heads of the International Monetary Fund (IMF) country and regional offices in Africa on January 19, 2026. She emphasized that the economic gains are tangible and are being experienced throughout the economy.

Professor Opoku-Agyemang expressed that Ghana is entering a new phase with cautious optimism, driven by reforms that are supported, but not dictated, by the IMF. She highlighted the importance of the country's commitment to making difficult policy decisions necessary for sustained growth.

While acknowledging the significance of international financial institutions, the Vice President pointed out that global and regional shifts indicate Africa's readiness to be more self-reliant, while still engaging in beneficial partnerships. She reiterated President John Dramani Mahama's stance that Ghana's relationship with the IMF should progress beyond merely seeking emergency support.

The Vice President also identified the African Continental Free Trade Area (AfCFTA) as a critical opportunity for growth and self-sufficiency. She called for coordinated and equitable international cooperation to aid Africa's long-term development goals.