United Party (UP) founder and leader Alan Kyerematen has cautioned against describing Ghana’s recent economic improvements as evidence of lasting macroeconomic stability, arguing that two years of positive indicators are not enough to support such a conclusion.
Speaking on Channel One TV on Monday, September 21, 2026, Kyerematen said the economy’s current growth was encouraging but needed to be sustained over a much longer period before Ghana could confidently claim to have achieved stability.
He criticised successive governments for celebrating short-term improvements in economic performance without paying enough attention to whether those gains could be maintained over time.
According to Kyerematen, Ghana would need a prolonged period of strong economic growth to demonstrate that the improvements were part of a lasting recovery rather than a temporary upturn.
“I think part of the challenge of governments, whether it’s NDC or NPP, they are too quick to be praising themselves about what they’ve done. But I’m saying that you can’t call, you can’t describe two years of macro performance as stability,” he said.
Kyerematen acknowledged that the current growth rate of about 6% was positive but said it should be viewed as an emerging trend rather than proof of long-term economic stability.
“So 6% it’s good, but I’m saying that it’s a trend,” he said.
He argued that Ghana should instead target sustained economic growth of between 8% and 10% over a much longer period.
The UP leader also rejected the idea that economic stabilisation and growth should be treated as separate goals, saying both should be pursued at the same time.
“They are two sides of the same coin,” he said.
For Kyerematen, the more meaningful test of Ghana’s economic recovery will be whether the current improvements can be maintained over several years and translated into stronger, consistent growth.
He said sustained performance, rather than short-term improvements in individual economic indicators, would ultimately determine whether Ghana had achieved genuine macroeconomic stability.
