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

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

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

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

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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.

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

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

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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.

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

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