Ghana Association of Banks calls for political stability to foster economic growth

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In the lead-up to the 2024 General Elections, the Ghana Association of Banks (GAB) has strongly urged for political peace and stability, highlighting their vital role in promoting sustained economic growth.

The Association noted that while the country’s macroeconomic environment is beginning to show signs of resilience following the COVID-19 pandemic, this recovery could be threatened by political instability.

During the Association’s 41st Annual General Meeting, GAB President and Managing Director of GCB Bank, John Kofi Adomakoh, emphasized the need for a prosperous nation built on growth, which requires a sound political and economic framework.

“With Ghana’s general elections ahead, I urge political parties and stakeholders to maintain peace and avoid chaos. We must protect our nation and ensure economic stability,”he stated.