Elections 2024: Ghana Association of Banks urges political stability for economic growth

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In a lead up to the 2024 General Elections, the Ghana Association of Banks (GAB) has made a strong appeal for political peace and stability, stressing the critical role these factors play in fostering sustained economic growth.

According to the Association, the country’s macroeconomic environment is beginning to show signs of resilience, despite the lingering impact of the COVID-19 pandemic. This recovery, they noted, could be jeopardized by political instability.

Speaking at the Association’s 41st Annual General Meeting, GAB President and Managing Director of GCB Bank, John Kofi Adomakoh, underscored the importance of building a prosperous nation anchored on growth, driven by 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.

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