Seth Terkper, who previously served as the Minister of Finance, has been appointed as the President’s Economic Advisor.

In this capacity, he will provide expert guidance on critical economic matters, such as fiscal management, debt control, and strategies to revitalize the economy.

This appointment comes at a time when Ghana is grappling with significant economic challenges, including inflation, rising public debt, and currency depreciation.

Mr Terkper will be central to efforts aimed at steering the nation through these difficulties and promoting long-term economic growth.

He will work alongside the Finance Minister-designate, Dr. Cassiel Ato Forson, to implement a series of economic policies designed to strengthen the country’s financial landscape under President John Mahama’s administration.

Terkper brings a wealth of knowledge to the role, having previously held the Finance Minister position from 2013 to 2017.

During his tenure, he was instrumental in implementing vital fiscal reforms, stabilizing the economy, and improving public financial management.

He also played a key role in negotiating Ghana’s Extended Credit Facility (ECF) with the International Monetary Fund (IMF) and in introducing the Energy Sector Levy Act (ESLA) to tackle energy sector debt.

Terkper’s vast experience is expected to shape policy decisions that will stabilize the economy, stimulate growth, and build investor confidence.