The Institute of Fiscal Studies (IFS) has cautioned the government, warning that it is premature to celebrate any economic achievements despite some recent improvements in macroeconomic indicators. According to the IFS, Ghana's economy remains weak, and significant challenges still lie ahead. This comes in response to Finance Minister Mohammed Amin Adam's optimistic presentation during the 2024 mid-year budget review, where he highlighted a slowdown in inflation and a reduction in the deficit as signs of recovery. IFS Executive Director, Dr. Said Boakye while speaking during a press conference on Ghana's fiscal and macroeconomic performance on August 14, 2024, voiced concern that despite some stabilization in key economic indicators, they continue to perform well below historical averages. "Given that the economy remains weak and fragile, as demonstrated in Section 4, this is not the time to celebrate, but the time to remain vigilant. "As clearly shown, all the relevant macroeconomic indicators are still presently performing much below par relative to recent historical trends. "The government should not, therefore, behave as if all is well.