President John Mahama will this morning chair a meeting of the Presidential Advisory Committee on the Economy (PACE).
The Advisory body is working with government to evaluate its strategic policy decisions that need to be taken to support the targets and objectives of government’s homegrown programme as presented to Parliament.
Membership of the PACE include, Vice President Kwesi Amissah-Arthur who chairs the Government Economic Management Team, Economist and Investment Consultant, Mr. Kwame Pianim, Former Finance Minister and University Professor, Kwesi Botchwey and Nana Oye-Mansa Yeboaa, Dompiahene of Akuapem and a former Deputy Governor of the Bank of Ghana (BoG).
President Mahama has over the last few weeks mentioned his engagement with the Advisory Committee on the Economy, noting that the committee will see to the implementation of the Senchi Consensus.
The Senchi Consensus summarizes what the President describes as a broad convergence of views on the nature of the challenges Ghana faces and specific solutions proposed for implementation.
During the Eid celebrations on Monday, the President announced the meeting which is aimed at strategizing to get the country out of its current Economic challenges.
“Later this week, I will preside over the meeting of the Presidential Advisory Committee on economic recovery. This group will help me guide the implementation of measures to restore the economy to prosperity,” he said.
He promised that the committee “will work to stabilize the currency to bring down inflation and bring down interest rates” because Ghana is “on a journey to transform our economy; we must create a permanent fix that cures our cyclical loss of economic stability.”
Also attending Thursday’s meeting at the Peduase Lodge are Finance Minister Seth Terkper, Governor of the Central Bank Dr. Kofi Wampah, Economic Adviser to the President Nii Moi Thompson, and a representative of the NDPC who are all members of the PACE.
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