A Technical Advisor to the Minister of Finance, Frederick Amissah, says businesses are becoming increasingly confident in the economy, signaling that recent macroeconomic stability measures are beginning to have an impact.<\/p>\n
According to him, the improving economic environment is not only evident in key macro indicators but is also translating into better performance at the firm level.<\/p>\n
\u201cBusinesses are becoming a lot more confident. This shows the macro stability we have now is working. We have seen an improvement in the micro level,\u201d he stated.<\/p>\n
He made the remarks during the JoyBusiness Roundtable Discussion, held on the theme \u201cMahama at 16 Months: Do Economic Narratives Match Real-Sector Outcomes?\u201d<\/p>\n
His comments come at a time when government continues to implement reforms aimed at restoring economic stability, following recent power challenges and currency pressures.<\/p>\n
However, Mr. Amissah believes early signs from businesses suggest a gradual turnaround, with improved confidence expected to support expansion, hiring, and investment decisions.<\/p>\n
He stressed that sustaining the gains will require continued policy discipline and targeted interventions to ensure that businesses especially small and medium enterprises fully benefit from the improving economic conditions.<\/p>\n