The Minister for Government Communications, Felix Kwakye Ofosu, has explained why the Finance Minister, Dr Cassiel Ato Forson and the Governor of the Bank of Ghana, Johnson Asiama are not part of the Presidential Advisory Group on the Economy (PAGE).
He said their exclusion from the PAGE is to ensure that the decisions that are taken are without the influence of those who will be tasked to implement them.
“The Finance Minister and Governor of the Bank of Ghana are not part of PAGE to ensure that the advice is independent of those involved in the day-to-day administration of the economy,” he said on Accra-based Joy FM on January 16.
Mr Kwakye Ofosu said this in reaction to concerns raised by the public over the relevance of a PAGE when there exist a Finance Minister and a Presidential Advisor on the Economy in Mr Seth Terkper.
Mr Ofosu said, the establishment of a PAGE is not new in the governance of Ghana.
“This is not new. It dates back to the era of Rawlings, President Kufuor, President Mills and President Mahama had it in his first term,” he explained.
On January 15, President John Dramani Mahama announced the establishment of a 12-member Presidential Advisory Group on the Economy (PAGE) which shall serve as a high-level advisory body to the President.
A statement issued by the Minister for Government Communications, Felix Kwakye Ofosu on Thursday, January 15, 2026 said the Advisory Group was set up in furtherance of government’s commitment to restoring macroeconomic stability, strengthening fiscal sustainability, and accelerating inclusive and job-rich economic growth anchored on the implementation of the 24-Hour Economy, the Accelerated Export Development Programme, and the broader Reset Agenda.
The statement noted that the establishment of PAGE reflects the President’s resolve to draw on deep national and international expertise to support sound economic governance, strategic policy coordination, and evidence-based decision-making to navigate current economic challenges and position Ghana for sustained growth and resilience.
Purpose and Mandate of PAGE
The Presidential Advisory Group on the Economy shall be responsible for providing independent, non-partisan, and strategic economic advice.
PAGE shall also;
a. Provide strategic counsel on macroeconomic management, fiscal consolidation, debt sustainability, and coherence between fiscal and monetary policy;
b. Advise on structural transformation, industrial development, competitiveness, and export- led growth strategies;
c. Offer guidance on sectoral development, private-sector expansion, investment mobilisation, and sustainable job creation.
d. Support the design, sequencing, and implementation of the 24-Hour Economy, the Accelerated Export Development Programme, and national productivity-enhancing reforms;
e. Conduct periodic assessments of Ghana’s economic performance and purpose policy adjustments or corrective measures where necessary;
f. Contribute expert input to Ghana’s economic negotiations, engagements, and partnerships with bilateral and multilateral development partners, international financial institutions, and investors.
The Group shall report directly to the President and shall submit advisory memoranda and briefs as and when requested by the President, including periodic strategic reviews.
The Advisory Group will be chaired by the President and constitutes the following individuals.
