The government has established a 12-member Presidential Advisory Group on the Economy, bringing together seasoned experts from academia, public service, and the private sector to provide strategic guidance on national economic issues.
Vice President Prof. Jane Naana Opoku-Agyemang is a member of the group, which also includes respected economist and private sector leader Mr Kwame Pianim and renowned industrialist Sir Samuel Esson Jonah.
Other members are Mr Ishmael Yamson, former Deputy Minister of Finance and Trade and Industry; Ms Nana Oye Mansa Yeboaa, former Governor of the Bank of Ghana and former Minister for Finance; Dr Kwabena Duffuor; and private-sector leader Mr Ato Brown.
The advisory group also comprises Dr Henry A. Kofi Wampah, former Governor of the Bank of Ghana; Togbe Afede XIV, economist and private sector leader; Ms Abena Amoah, CEO of the Ghana Stock Exchange; Prof. Priscilla Twumasi Baffour, university professor and academic researcher; and Prof. Patience Aseweh Abor, academic researcher.
Members are expected to leverage their diverse expertise to support government efforts to stabilise the economy, promote growth, and strengthen investor confidence.
The group’s formation underscores the administration’s commitment to inclusive consultation and evidence-based economic policymaking.
In a related development, Ghana’s economy expanded at a faster pace in October 2025 than a year earlier, supported by stronger activity in the services and industrial sectors, according to provisional data released by the Ghana Statistical Service (GSS).
The GSS said its Monthly Indicator of Economic Growth (MIEG) recorded a year-on-year growth rate of 3.8 per cent in October 2025, up from three per cent in the same month of 2024, signalling firmer economic momentum heading into the final quarter of the year.
Presenting the data, Government Statistician Dr Alhassan Iddrisu said the services sector remained the main driver of growth, expanding by 5.5 per cent and accounting for 74.7 per cent of overall economic expansion.
“The MIEG data shows continued strong performance in the services sector, driven largely by the Communication and Wholesale and Retail Trade subsectors,” he said.
The industry also recorded a notable rebound, growing by 3 per cent in October 2025, compared with subdued growth of 0.4 per cent in the same period last year.
The sector contributed 28.7 per cent to total growth, reflecting improved performance across several industrial activities.
Growth in the agriculture sector, however, slowed to 0.9 per cent from 2.1 per cent a year earlier, contributing just 1.3 per cent to overall economic growth, highlighting uneven performance across the economy.
The MIEG index level for October 2025 stood at 112.7, based on a 2023 reference year of 100, up from 108.6 in October 2024, indicating higher output levels across much of the economy.
The GSS cautioned that the figures were provisional and classified as experimental statistics, and therefore subject to revision as more comprehensive data becomes available. It noted that the MIEG follows the same revision policy as quarterly and annual national accounts, allowing updates for up to two years.
The statistical service also advised users to interpret the data carefully, noting that the index is less detailed, more volatile, and not seasonally adjusted; therefore, only year-on-year growth rates are published.
According to the GSS, the MIEG is released within 75 days after the reference month. The next report, covering November 2025, is scheduled for release on 11 February 2026.
