[ad_1]
President John Dramani Mahama has assured Ghanaians that the country is steadily recovering from the economic and social difficulties it faced a year ago, declaring that Ghana is “rising again” after 12 months of reforms and prudent management.
In his New Year’s message to the nation on January 1, 2026, President Mahama stated that his administration inherited a country in distress, characterized by a struggling economy, high unemployment, crumbling infrastructure, eroded public trust, and fading hope among citizens.
Despite predictions that recovery would take a generation, he said his government believed in the resilience of the Ghanaian people and set out to reverse the decline.
According to the President, significant progress has been made within the past year, including a sharp reduction in inflation from levels above 23 percent at the end of 2024 to a projected single-digit rate of about 5 percent by the end of 2025.
He noted that the country has achieved relative currency stability and is on course to be ranked among the world’s best-performing currencies in 2025.
President Mahama also said economic growth is picking up, creating new opportunities for young people and restoring confidence in the business environment.
The President highlighted increased domestic and foreign direct investment as evidence of renewed trust in the economy, adding that Ghana has regained credibility with international partners.
He said the government has successfully renegotiated the country’s debt obligations in a manner that safeguards national sovereignty while ensuring long-term sustainability.
President Mahama further indicated that Ghana has begun the process of exiting the International Monetary Fund programme, stressing that the country is doing so with dignity and as an equal partner, not as a dependent.
He called on Ghanaians to remain hopeful and united as the country continues on its path of recovery and growth in the new year.
Read also
Justin Kodua Frimpong: NPP’s 2024 defeat still hurts
[ad_2]