GCB Bank Platinum Conference: Minister of State Optimistic on Recovery Path

A Minister of State at the Ministry of Finance, Dr Mohammed Amin Adam, has highlighted the positive economic indicators signaling Ghana’s recovery from its challenges. Notable indicators include a decrease in inflation to 23.2 per cent, a moderate depreciation of the Ghana Cedi by 7.2 per cent between February and December 2023, and a real Gross Domestic Product (GDP) growth of 2.8 per cent in the first three quarters of the previous year.

Dr Adam made these remarks during the GCB Platinum Thought Leadership Conference held in Accra, where finance and economics experts convened. Notable attendees included Ambassador D. K. Osei, Prof. Ernest Aryeetey, Prof. William Baah-Boateng, and Felix Addo.

Emphasizing the government’s commitment to fostering macroeconomic stability and growth, Dr Adam encouraged private sector innovation and strategic investment for sustainable growth. He called for collaboration and collective intelligence to address today’s challenges and chart a course for the future.

Governor of the Bank of Ghana, Dr Ernest Addison, commended GCB Bank for its exemplary financial solutions and customer service, highlighting its resilience and expansion efforts. Managing Director of GCB Bank PLC, Kofi Adomakoh, emphasized the conference’s significance in shaping the financial services sector and national economy. He announced plans to publish conference proceedings as part of GCB’s 70th Anniversary celebrations, aiming to provide valuable insights for practitioners, scholars, policymakers, and analysts.

Overall, the conference served as a platform for knowledge sharing and dialogue, underscoring the importance of collaboration and innovation in driving economic growth and development.