At The Money Summit 2025, renowned financial strategist and Director of Business Operations at Dalex Finance, Mr. Joe Jackson, delivered a direct and thought-provoking message to government and financial stakeholders: “It’s time to move on from COVID and get back into the market.”
Held at the Kempinski Hotel Gold Coast City in Accra, the summit focused on sustainable pension and investment strategies, but Jackson’s remarks cut to the heart of Ghana’s broader economic health.
Post-COVID Recovery Requires Bold Market Actions
Reflecting on the enduring effects of the pandemic, Mr. Jackson noted that while handwashing, sanitization, and other safety measures have become habitual, they must not become stand-ins for real economic action.
“Those are the remnants of COVID,” he said. “But we have to move on. The government has to get back into the market.”
He emphasized that Ghana’s economy cannot afford to remain in a holding pattern, and urged policymakers to re-enter the domestic bond market with confidence to stimulate growth and restore investor trust.
Debt Servicing Must Be Watched Closely
Mr. Jackson also raised critical concerns about the country’s growing debt burden, questioning how much national revenue is currently going toward debt servicing.
“We need to watch that closely,” he warned. “Because it has serious implications for public investments and economic sustainability.”
Inflation and Retirement: The Hidden Crisis
Highlighting the strain on older citizens, Mr. Jackson addressed the reality that many individuals nearing or entering retirement continue to struggle with inflation and long-term debt.
“People who turned 60 last year are still paying bills. We need to start talking honestly about affordability and sustainability.”
He pointed out that while long-term loans like mortgages are common, they must be structured within the realities of income and cost of living – particularly for aging populations.
A Call to Reignite Economic Confidence
Concluding his remarks, Mr. Jackson called on the government to test the market proactively, rather than waiting for perfect conditions that may never arrive.
“It’s time for the government to test the market,” he said, underscoring the urgency for Ghana to re-establish its economic footing through deliberate, data-driven policy actions.
Mr. Jackson’s message at The Money Summit 2025 was clear: Economic hesitation must give way to decisive action if Ghana is to build a resilient future.
Also Read: The Money Summit 2025: CEO of B&FT Calls for Unity Amidst Economic Reform