Mr. Eric Defor, Construction Sector Chairman of the Association of Ghana Industries (AGI), participated in a panel discussion at the CIB Ghana Post-MPC Policy Seminar, which brought together over 200 key stakeholders to discuss the impact of geopolitical shocks on economic growth.

He highlighted major challenges facing industry, particularly high interest rates and limited access to long-term financing, noting that current conditions are constraining business expansion. While acknowledging recent gains in macroeconomic stability, he cautioned that excessive policy tightening could slow growth.

Mr. Defor called for the establishment of an industrialisation fund to provide patient capital to productive sectors, and stressed the need for policies that promote local production, strengthen value chains, and boost exports.

He concluded by emphasizing that sustained economic growth remains critical to long-term stability and economic resilience.