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Inflation not manipulated, economy doing good — Joe Jackson

Joe Jackson states that inflation figures have not been manipulated, emphasizing that Ghana’s economy is showing signs of recovery

by The Custodian News
February 28, 2026
in Business, Featured, MAIN
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Inflation Joe Jackson

Joe Jackson

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The Chief Executive Officer of Dalex Finance, Joe Jackson, has commended John Dramani Mahama for what he described as the prudent management of Ghana’s economy, particularly the sharp decline in inflation.

Speaking on Channel One TV on Saturday, February 28, 2026, Jackson rejected claims by the opposition New Patriotic Party (NPP) that the current inflation figures had been manipulated. He maintained that Ghana has recorded consistent and credible inflation data in recent months.

“The numbers are clear. I’ve heard people say the figures have been manipulated—I really don’t believe so. We’ve had consistently very good statistics coming out of the Ghana Statistical Service—numbers that all of us are starting to love,” he said.

Jackson further noted that government policies have delivered much-needed stability to the economy.

In his State of the Nation Address to Parliament on Friday, February 28, President Mahama said his administration inherited soaring inflation that was steadily eroding households’ purchasing power.

According to him, inflation peaked at 54.1 per cent at the end of 2022 but declined to 23.5 per cent by the close of 2024.

Through fiscal consolidation, currency stabilisation and disciplined monetary policy, he said, inflation dropped further to 3.8 per cent over 13 consecutive months by January 2026.

Meanwhile, the Minority in Parliament has rejected the government’s claims of economic recovery, arguing that the reported improvements in key economic indicators exist only on paper.

Tags: InflationJoe JacksonPresident John Dramani Mahama
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