Ghana not out of economic crisis yet - Prof. Bokpin

Finance professor, Godfred Bokpin

Economist Professor Godfred Alufar Bokpin maintains that the country has not yet turned the corner in terms of the economic situation.

According to him, more needs to be done for the nation to fully overcome the ongoing crisis.

While acknowledging some marginal gains in specific sectors of the economy, Prof. Bokpin cautions Ghanaians to brace themselves for challenging economic times.

During an interview on Joy FM's Super Morning Show on Tuesday, January 2, he emphasised the necessity for citizens to prepare economically for the year 2024.

"Let me tell you Ghanaians frankly that we are not out of it (economic crisis) yet. So that every Ghanaian will be moderate in their expectations in terms of how growth is going to turn out and how it is going to benefit Ghanaians. We can have growth at different levels."

"The economy can recover at different levels, but before it will benefit the ordinary Ghanaian we need to maintain microeconomic stability for not less than 15 years," he told host, Kojo Yankson.

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Prof Bokpin