United Party founder and leader Alan Kyerematen has cautioned against describing Ghana’s recent improvements in key economic indicators as sustained economic stability, arguing that the gains must be maintained over a much longer period.
Speaking in an interview on Channel One TV on September 21, 2026, Mr Kyerematen acknowledged the positive direction of some of Ghana’s macroeconomic indicators but said two years of improved performance was not enough to establish long-term stability.
He argued that governments, regardless of the political party in power, could be too quick to celebrate improvements in economic performance without giving sufficient attention to whether those gains could be sustained.
According to him, a longer period of consistent economic growth would provide a stronger basis for describing the economy as stable.
Mr Kyerematen said Ghana’s current growth rate was encouraging but suggested that the country needed sustained growth over several years before the progress could be considered firmly established.
He cited annual growth of between 8% and 10% over a decade as the kind of prolonged expansion he believes would provide a stronger basis for assessing economic stability.
The United Party leader also argued that economic stabilisation and economic growth should not be treated as separate objectives.
In his view, both should be pursued simultaneously, with efforts to stabilise the economy accompanied by policies aimed at expanding productive activity and creating the conditions for sustained growth.
His comments come amid discussions over Ghana’s recent macroeconomic performance under the administration of President John Dramani Mahama.
In a separate assessment reported after the interview, Kyerematen acknowledged improvements in the macroeconomy under the current administration, while stressing that the ability to preserve those gains would be a more significant test of economic management.
He said short-term improvements could lose their impact if the policies and institutional systems needed to maintain them were not put in place.
The comments have contributed to the broader debate about how Ghana’s economic performance should be assessed.
While improvements in indicators such as economic growth can provide an important measure of progress, Kyerematen’s position is that the duration and consistency of those improvements are equally important when assessing whether the economy has achieved lasting stability.
His remarks also place emphasis on the distinction between economic recovery or improvement and sustained economic stability. The former can be observed over a relatively short period, while the latter requires continued performance and policies capable of maintaining the gains.
Kyerematen’s comments therefore call for a longer-term assessment of Ghana’s economic direction rather than relying solely on recent figures.
The discussion is expected to remain part of the wider national conversation as policymakers, economists and other stakeholders assess the country’s economic performance and the measures being implemented to sustain growth.
Source: Thepressradio.com
