The Chief Executive Officer of Business and Financial Times (B&FT), Dr. Godwin Acquaye, has underscored the need for increased local investment to sustain Ghana’s economic stability and drive long-term growth as the country gradually exits its IMF-supported programme.
Speaking in an interview during The Money Summit 2026, held under the theme “Building Trust, Capital, and Stability for Ghana’s Economic Future” at The Palms by Eagles in Accra on Tuesday, June 3, Dr. Acquaye said trust, capital and stability are interdependent pillars that must be developed simultaneously to secure Ghana’s economic future.
He noted that Ghana is currently experiencing a period of relative macroeconomic stability following debt restructuring efforts and reforms backed by the International Monetary Fund (IMF).
However, he stressed that maintaining that stability will require deliberate efforts to mobilise domestic capital and strengthen investor confidence.
Dr. Acquaye explained that the IMF programme and related reforms were largely aimed at restoring confidence in the economy, particularly among international investors and development partners.
As Ghana approaches the end of the programme, he said the focus should shift towards harnessing local resources to support economic expansion.
He encouraged Ghanaians to cultivate a culture of investment, arguing that even small amounts of money, when invested productively, could contribute significantly to national development and economic resilience.
The B&FT CEO further indicated that the summit was designed to spark ongoing discussions rather than serve as a one-off event.
He said sustained public engagement and financial education would be necessary to translate economic conversations into tangible outcomes.
“As a business newspaper and media company, part of our responsibility is to educate the public and bring people on board so that the broader economic vision can be achieved,” he said.
Addressing concerns about whether high-level economic dialogues often lead to meaningful change, Dr. Acquaye maintained that behavioural transformation takes time and requires a combination of sound policies and continuous public education.
He pointed out that institutions such as the Bank of Ghana play important roles in shaping economic behaviour through policy interventions, while public discourse helps build confidence and awareness among citizens.
Dr. Acquaye urged Ghanaians to support government efforts aimed at preserving macroeconomic stability by actively participating in investment opportunities and contributing to national development.
Asked to identify a priority reform for the next 12 months, he highlighted the promotion of local investment, noting that many Ghanaians have funds available but remain uncertain about where to invest due to past experiences in the financial sector.
He therefore called for stronger regulatory frameworks to protect investors and safeguard investments, saying such measures would help rebuild confidence and encourage more people to commit their resources to productive ventures.
“Without investment, we wouldn’t get anywhere,” he said, stressing that increased domestic investment remains critical to Ghana’s economic transformation and sustainable growth.
