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Tag: Advisor Jake Sullivan

  • Mahama appoints Seth Terkper as Presidential advisor on economy

    Mahama appoints Seth Terkper as Presidential advisor on economy

    Seth Terkper, who previously served as the Minister of Finance, has been appointed as the President’s Economic Advisor.

    In this capacity, he will provide expert guidance on critical economic matters, such as fiscal management, debt control, and strategies to revitalize the economy.

    This appointment comes at a time when Ghana is grappling with significant economic challenges, including inflation, rising public debt, and currency depreciation.

    Mr Terkper will be central to efforts aimed at steering the nation through these difficulties and promoting long-term economic growth.

    He will work alongside the Finance Minister-designate, Dr. Cassiel Ato Forson, to implement a series of economic policies designed to strengthen the country’s financial landscape under President John Mahama’s administration.

    Terkper brings a wealth of knowledge to the role, having previously held the Finance Minister position from 2013 to 2017.

    During his tenure, he was instrumental in implementing vital fiscal reforms, stabilizing the economy, and improving public financial management.

    He also played a key role in negotiating Ghana’s Extended Credit Facility (ECF) with the International Monetary Fund (IMF) and in introducing the Energy Sector Levy Act (ESLA) to tackle energy sector debt.

    Terkper’s vast experience is expected to shape policy decisions that will stabilize the economy, stimulate growth, and build investor confidence.

  • ‘Our thoughts are with the brave Ukrainian people’ – US

    The United States has strongly condemned Russia’s latest missile attacks against Ukraine, which are reported to have struck residential buildings in Kyiv and additional sites across the country.

    US National Security Advisor Jake Sullivan has said the strikes will serve to only deepen the concerns among the G20 about the “destabilising impact of [Russian President Vladimir] Putin’s war”.

    “It is not lost on us that, as world leaders meet at the G20 in Bali to discuss the issues of significant importance to the lives and livelihoods of people around the world, Russia again threatens those lives and destroys Ukraine’s critical infrastructure,” Sullivan said.

    “Our thoughts are with the brave Ukrainian people, who continue to demonstrate resilience and courage in their defence of their sovereignty and democracy.”

    He said the US, its allies and its partners would continue to provide Ukraine with what it needed to defend itself, including air defence systems, adding the US would stand with Ukraine “for as long as it takes”.

    Source: BBC.com