The Institute of Statistical, Social, and Economic Research (ISSER) has called for the harmonisation of fiscal and monetary policies to drive Ghana’s macroeconomic stability.
The Institute said economic policies and actions should be harmonised to stabilise prices, the exchange rate, and support banks in reducing the cost of credit to the private sector.
The institute gave the advice in its mid-year budget review, which critically assessed the mid-year budget presented by the Finance Minister, Dr. Mohammed Amin Adam, to
Parliament.
It advised the Bank of Ghana (BOG) and fiscal authorities to strengthen their partnerships and institutional coordination with global and regional financial institutions and the private sector to unlock resources to catalyse and sustain economic recovery. – GNA
