President John Dramani Mahama has officially inaugurated the Presidential Advisory Group on the Economy, urging its members to dedicate their expertise to the critical task of revitalizing Ghana's economic standing. During the swearing-in ceremony held at the Jubilee House, the President underscored the paramount importance of their role in rebuilding the nation's economic credibility and fostering competitiveness on the global stage. He emphasized that the newly constituted group is crucial for navigating Ghana's current economic landscape.

The President articulated a guiding principle for the group: "Our task now is correction without amnesia, learning from both our successes and our failures." This statement highlighted the necessity of a forward-looking approach that acknowledges past lessons. President Mahama directly challenged the members, stating, "I want you to be part of the solutions and ultimately part of the success story," thereby positioning them as integral contributors to Ghana's economic resurgence.

He further clarified the comprehensive scope of the Advisory Group's mandate, asserting that their counsel would be instrumental in several key areas. These include re-establishing credibility in the economy, reinstating robust fiscal discipline, attracting crucial foreign and domestic investment, re-anchoring economic expectations, and ultimately re-establishing Ghana's reputation as a serious, predictable, and competitive economy. The President's vision extends beyond mere recovery, aiming for a fundamental transformation.

President Mahama stressed that the initiative is not solely about immediate recovery but encompasses broader goals of "institutional reform, structural transformation, and a permanent reset of our economic governance culture." He described the advisory body as a strategically designed platform created to harness a wide array of expertise. This includes drawing invaluable insights from academia, the dynamic private sector, and experienced public service professionals, all with the overarching objective of ensuring that future policy decisions are well-informed, strategically sound, and inherently sustainable for Ghana's long-term prosperity.