Finance Minister Ken Ofori-Atta attributes the consistent decline in inflation to the government’s dedicated efforts in restoring macroeconomic stability.

November marked the fourth consecutive decline in inflation, with the rate recorded at 26.4 percent.

Previously, inflation had surged to over 47 percent, resulting in high prices for goods and services.

The challenging economic conditions compelled the government to seek assistance from the International Monetary Fund (IMF).

During the presentation of 30.89 million cedis to the government by the Board of Twifo Oil Palm Plantation Limited, Ofori-Atta underscored the tangible impact of the government’s endeavors on the economic landscape.

Ofori-Atta discussed the economic developments and the role of government initiatives in curbing inflation.

Meanwhile, Deputy Minister of Finance, Abena Osei-Asare, also emphasized the need for State-Owned Enterprises to strive for profitability.

She encouraged these enterprises to work towards financial viability as the government continues its efforts to enhance the overall business environment for sustainable growth.