• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Features

Ghana’s Economic Recovery Still Requires “Daily Monitoring” Despite Early Gains – Joe Jackson

4 weeks ago
in Features, highlights, Home, home-news, latest News
1 min read
0 0
0
146
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana’s Economic Recovery Still Requires “Daily Monitoring” Despite Early Gains – Joe Jackson

Chief Operating Officer of Dalex Finance, Joe Jackson, has urged caution in evaluating Ghana’s recent macroeconomic improvements, warning that the economy remains in a fragile recovery phase and far from achieving full stability.

Speaking during a live X (formerly Twitter) Space hosted by NorvanReports and the Economic Governance Platform (EGP) on the topic “Cedi’s Comeback, Debt Reversal & Fiscal Hope: A Genuine Reset or Temporary Relief?”, Mr Jackson described the current economic outlook as one that requires “daily monitoring,” adding that while early policy bets appear to be paying off, critical structural risks remain.

“Seven months ago, the economy was in deep crisis. Whatever reset or recovery we’re experiencing now was always going to be a high-risk game,” Mr Jackson stated, cautioning against unrealistic expectations. “We’re out of intensive care, but we still need deep physiotherapy.”

He attributed some of the early wins to the government’s decision to drive down Treasury bill rates by accepting only programmed auction volumes, despite oversubscription. This, he noted, was necessitated by the unsustainable cost of servicing domestic debt at interest rates exceeding 30 percent.

However, he warned that reduced short-term interest rates must eventually reflect in broader lending markets if the recovery is to take hold. “Access to credit is critical, and right now, funds may be available, but the pricing does not support private sector expansion. Until lending rates come down significantly, we cannot speak of a validated recovery,” Mr Jackson remarked.

He called for a more pragmatic national discourse on fiscal outcomes, urging Ghanaians not to expect best-case scenarios from every policy move. “We are asking to have our cake and eat it,” he said. “We are too quickly forgetting how dire things were.”

RelatedPosts

Otto Addo Expected to Announce Squad for Crucial 2026 World Cup Qualifiers

How Artificial Intelligence Is Both Driving and Derailing Decarbonization

Ghana Revenue Authority Targets Retrieval of GHS 163m in Unpaid Taxes and VAT Arrears

Speaking further during the X Space discussion, Mr Jackson also cited the proposed 24-hour economy and other structural reforms as positive signs, but stressed that the private sector must be enabled to act on emerging opportunities.

“The blueprint is admirable, but it relies heavily on private sector participation, and for that, they need credit rates that make sense,” he noted.

Tags: “Daily Monitoring”Ghana's Economic Recovery Still Requires “Daily Monitoring” Despite Early Gains - Joe Jackson

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

Nurturing Dreams: Ghana’s Football Future Blossoms with Talent Identification Initiative

Champion of Champions: Gold Stars set for Showdown Against Asante Kotoko in Bibiani

President Mahama Secures Infrastructure, Technology, and Agriculture Deals on Japan Visit

Mida Pledges Alignment With US Strategic Shift On Millennium Challenge Corporation

Standard Chartered Empowers Future Leaders Through Financial Literacy and Mentorship

Nigeria Exiting Years of Economic Doldrum But Hard Road Ahead Still

Trending

Features

Otto Addo Expected to Announce Squad for Crucial 2026 World Cup Qualifiers

August 25, 2025

Otto Addo Expected to Announce Squad for Crucial 2026 World Cup Qualifiers As anticipation builds for the...

How Artificial Intelligence Is Both Driving and Derailing Decarbonization

August 25, 2025

Ghana Revenue Authority Targets Retrieval of GHS 163m in Unpaid Taxes and VAT Arrears

August 25, 2025

Nurturing Dreams: Ghana’s Football Future Blossoms with Talent Identification Initiative

August 25, 2025

Champion of Champions: Gold Stars set for Showdown Against Asante Kotoko in Bibiani

August 25, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.