Economic Advisor at the Office of the Vice President, Professor Sharif Mahmud Khalid, has said the financial market is responding positively to the signals given by President John Dramani Mahama.
He noted that the government inherited an "overheated economy" from the New Patriotic Party (NPP) administration.
However, the signs are clear that all the economic indicators are pointing in a positive direction.
Speaking on the KeyPoints on TV3 on Saturday, March 1, Prof Khalid indicated that the signal to cut down the size of the government had a significant effect on the economy. "This government inherited a very overheated economy, with all signs of the economy going negative. "The market is responding positively due to the signals that the president sent," he said while contributing to a discussion on the State of the Nation Address (SONA) delivered by President John Dramani Mahama on Thursday, February 27.