Economist and Board Chairman of MTN Ghana, Dr Ishmael Yamson, says there is something different about the way Ghana’s economy is being managed under the current government.

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He believes the difference is the focus on building resilience to sustain economic stability beyond the short term.

Speaking on Joy News’ PM Express on Tuesday, Dr Yamson said investors remain sceptical due to Ghana’s history of economic booms and busts.

“It’s a question that I have been asked many times, not by Ghanaians, but also by investors who have seen this country many times. They’ve seen the history. They know what it is. We go up, we come down. We take three years to build, and we take another five years to destroy.”

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But he said the current economic trajectory gives him reason to be optimistic.

“It is difficult for people to believe that what is happening now is sustainable. But if you ask me, I would say it is different this time.”

Dr Yamson commended the government for what he described as a dramatic improvement in economic stability within its first 18 months.

“First of all, let me congratulate this government for what it has achieved in 18 months. We haven’t achieved that level of economic stability before. It’s just dramatic, and it is worth commending them.”

He acknowledged arguments that the IMF programme and debt restructuring laid the foundation for the current stability.

“Well, it is possible. It is right to make those assumptions.”

📰 Source: Joy Online Ghana