Damongo: President John Dramani Mahama has directed the finance minister and the Minister of Energy and Transition to closely monitor the ongoing Israel-Iran conflict and assess its implications on Ghana's energy sector. The directive was issued during a durbar with the chiefs and people of the Savannah Region in Damongo, part of his Thank You Tour.
According to Ghana News Agency, the President emphasized that although the government has made strides in stabilizing the economy, Ghana remains susceptible to global economic shocks. He highlighted the recent escalation in crude oil prices resulting from the conflict between Israel and Iran, which involves an exchange of missiles.
President Mahama stated, "I have asked our Minister of Finance and Minister of Energy to keep a close eye on the development and model the possible impacts on our petroleum prices and prepare measures to protect the recent gains that we have made."
He also expressed his gratitude to the Yagbonwura and the chiefs and people of the Savannah Region for their unwavering support during the December 7, 2024, general election. The President acknowledged their commitment to the ruling National Democratic Congress (NDC) and their shared vision of fairness, inclusion, and transformation.
President Mahama assured the people of the Savannah Region that his dedication to their welfare would remain steadfast.